Shares of Yahoo Inc. (YHOO) are even for 35.92 today. ?YHOO is in the middle of the 52 week range.
Today paper traded 1000 YHOO Sep 12 Weekly 34.5/ Sep 34 puts for .09. ?The ADV is 122k contracts.? The OI is 20 and 20k contracts.
The volume went up in 2 blocks.? This trade is a diagonal put spread where the investor is buying the more OTM put and selling the nearer term put to finance.? The idea result would be the underlying trading to 34.5.? With YHOO just bouncing off of 34 this looks like closing the 34s and rolling up to a more aggressive strike in the near term 34.5s.? Check the OI tomorrow for confirmation.
30-day implied volatility is 42%.?? 10-day implied volatility is 26%.? 30 day implied volatility is trading above the 10 realized volatility.
Yahoo! Inc. (Yahoo!), is a global technology company. Through the Company?s technology and insights, Yahoo! delivers digital content and experiences, across devices and globally.?