Shares of TiVo (TIVO) are trading higher on the session by 1.67%, at $10.32. The stock has been moving largely higher over the past four months and has recently bounded off of the 50-day moving average support level.
One trader is selling downside on the name today. A short while ago the December $10.00 put was sold 4,500 times, on the bid, for $0.44. Open interest on the strike is only 609 contracts, indicating new positioning.
The trade has pushed overall put volume to 4x normal volume with 4,855 puts traded. 30-day implied volatility is flat on the session at 35.18%, while 10-day historical vol is registering 24.34%.
TiVo Inc. a developer and provider of software and technology that enables the search, navigation, and access of content across sources, including linear television, on-demand television, and broadband video.?