H&R Block (HRB) puts active on a larger than expected Q2

H&R Block (NYSE: HRB) is recently down $1.03 to $15.03 on a larger than expected Q2 loss. Goldman Sachs has a Neutral trading on the company. December 15 calls and January 12 puts are active on total call volume of 12K contracts (21K puts). December call option implied volatility is at 39, January is at 42; compared to its 26-week average of 39 according to Track Data.

---

Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!