Rite Aid Corp. (RAD) is trading up .01 to 1.41 this morning.? RAD is trading at a near-term high.
RAD Jan 1 calls traded on large blocks for .65 lifting the offer at the time.?? Total volume on the day for the Jan 1 calls is 3,152.? Average contract volume is over 450 contracts per day in RAD.? Open interest is over 4,000 contracts in the RAD Jan 1 calls.? The implied volatility in Jan is up 2 points today. The trade looks to be closing paper as a large block traded .20 on Dec 3rd.
30-day implied volatility is 81%.?? 10-day implied volatility is 83%.? 30-day implied volatility is trading even with the 10-day historical volatility. ?
Rite Aid Corporation is a retail drugstore chain in the United States.