Shares of the AthenaHealth Inc. (ATHN) are trading up? .88 today to $65.88. ATHN is trading near the highs today.
Paper looked to buy puts in the Dec 55 strike.? The trade went up one block for 1,000 contracts for .65.? This is moving the OTM put volatility for the strike higher.? The put buy could be a close as open interest on the strike is 1800 contracts.? ATHN has just rallied from a recent low of 56.33 and the Dec 55 strike is trading for 75% volatility.? There is scattered option buying in the name pushing IV up around 4%.
30-day implied volatility is 53%.?? 10-day implied volatility is 19.24%.? 30-day Implied volatility is trading well above the 10-day historical volatility.? The trader paid up to close the position.
AthenaHealth is an online health solutions provider for the medical industry