SINA puts active on wide intra-day price movement SINA February 55 weekly and February 52 puts on total put volume of 11K contracts (6K calls). February weekly put option implied volatility is at 56, February is at 51, March is at 54; compared to its 26-week average of 52 according to Track Data. Active put volume suggests traders taking positions for large price movement on the company’s portal revenue to decline sequentially, Pacific Epoch says.
SINA calls active as shares move off lows on renewed takeover speculation SINA March 33 and 34 weekly calls are active on 6K contracts (1K puts) amid renewed takeover speculation. March weekly call option implied volatility is at 48, April is at 30, May is at 33; compared to its 26-week average of 37 according to Track Data. Active call volume suggests traders taking positions for large price movement.