Expedia.com seeing second day of unusual put activityPut activity in Expedia.com (EXPE) is seeing the second straight day of unusual activity with 14k traded today.
The strike in vogue was the July 15 again but, activity today has traded on the bid showing possible sellers of the contracts. Blocks of 300 were hitting the tape on the bid-side from .85/.90 cents. Implied volatility is steady at 66%.
Activity yesterday, saw only an increase of 5,000 contracts to 21k traded.
Activity yesterday, saw only an increase of 5,000 contracts to 21k traded.
(This is a version of what appeared in our Trader Pro Service today)
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