Shares of Walgreen Co. (WAG) are trading down .02 today to 41.36.? WAG is trading near 52-week highs.
Today paper bought a block of 14,700 of the WAG Mar 41 calls for 1.04.? The average contract volume is 13,125 contracts per day in the name.? Open interest is over 11,000 contracts on the strike.? The implied volatility is up 1.6 points in March. ?The trade looks to be an aggressive opening buyer of calls, possibly adding to a current position.
30-day implied volatility is 20%.? 10-day implied volatility is 18%.? 30-day implied volatility is trading just above the 10-day historical volatility.
Walgreen Co. (Walgreens), together with its subsidiaries, operates the drugstore chain in the United States.