PagSeguro Digital draws increased call activity
PagSeguro Digital draws increased call activity. The stock up 33c to $28.46 and Nov 40 calls trade across the exchanges for 20 and 25c, including an 8.5K lot for 25c when bid-ask was 20 to 25c. 11.4K trade against 36K open interest and today's buying likely covers short calls - trade history shows notable selling at that strike on 6/19 when 22.5 puts were sold to buy 30 - 40 call spreads. Separately today, buyers opening Dec 30 calls. 3.1K changed hands. Small lots of Oct 30, Jan 35, and Dec 35 calls trade as well. Total volume is almost 3X daily average at 15K calls and just 165 puts. 30-day implied volatility up 3.5% to 62, with earnings not due again until late-November.