May 30, 2012

Facebook Options

Facebook Options listed yesterday on brisk trading and solid volume. There was a lot of interest in 44 and 45 strike in near expirations, but I think this is not from informed trading. Implied volatility remained relatively steady at about 63% level most of the day.


The term structure was downward sloping, as expected (closing vols)
JUN12 - 66%
JUL12 - 61%
AUG12 - 64%
SEP12 - 61%
DEC12 - 58%
JAN13 - 57%
MAR13 - 56%

No comments:

Post a Comment