Sealed Air Corp. (SEE) is trading up a .05 to 18.27.? ?SEE is trading $2 off of it 52-week highs.
Paper sold a block of 1148 calls in the SEE Apr 17.5 strike for 1.45.? The strike traded over 2,000 contracts today at price of 1.50 and 1.55. ?Average contract volume is over 731 contracts per day in the name.? Open interest is over 5,000 contracts in the strike.? The implied volatility is down 3 points in Apr. There is no offsetting paper or stock against this trade but Feb calls traded on the bid in scattered volume.? The paper looks to be a continual buy write.
30-day implied volatility is 27%.?? 10-day implied volatility is 19%.? 30-day implied volatility is trading just over the 10-day historical volatility.
Sealed Air Corporation (Sealed Air) is engaged in food safety and security, facility hygiene and product protection.