Shares of Sony Corp (SNE) are up .03 to 17.50 today. ?SNE is near the bottom of the 52 week range.

Today paper traded 3840 SNE Aug 18.5 calls for .20.? The ADV is 2292 contracts. The OI is 5236 contracts.

The volume went up in one large block marked buy-write.? These calls also traded .15 marked buy-write.? If the trader scooped the stock in the 16 handle they are probably unwinding a very successful buy-write into earnings.? That is the most likely scenario.

30-day implied volatility is 31%.?? 10-day implied volatility is 19%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

SONY CORPORATION is engaged in the operation of imaging products and solution (IP&S), game, mobile products and communication (MP&C), home entertainment and sound (HE&S), device, movie, music, financial and other business.