Telefonaktiebolaget LM Ericsson (ERIC) is trading up a .01 to 10.32.? ERIC is trading near the 52-week high of 10.60.
Paper bought puts in scattered blocks of the ERIC Feb 10 puts for .30.? Total volume on the strike was 3,861 with scattered put buyers coming in.? Average contract volume is over 1,539 contracts per day in the name.? Open interest is just 557 contracts in the strike.? The implied volatility is up 1.9 points in Feb. This trade looks to be a large buyer of the puts possibly hedging into earnings.
30-day implied volatility is 34% 10-day implied volatility is 37%.? 30-day implied volatility is trading just below the 10-day historical volatility.
Telefonaktiebolaget LM Ericsson (ERIC) is a Sweden-based communications technology company.