Zagg (ZAGG) Volatility Elevated; Shares Bump Against $10 Ceiling; June Calls See Activity

June 15, 2012 12:52 PM EDT Send to a Friend
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Zagg Inc. (Nasdaq: ZAGG) option implied volatility is up 18.6 percent from Thursday's close and at 87.5 percent of its trailing annual average.

Shares are down 1.3 percent on the session, having broken below the $10.10 price level. The stock is having trouble moving above the $10 resistance level today.

June 11 and 12 calls are seeing activity Friday. Volume is elevated on both with implied volatility at 68.3 percent and 70.85 percent, respectively. Zagg's stock implied volatility is lower at 57 percent.


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