Shares of LiveNation Inc.(LYV) were trading down yesterday by 0.20 to 13.83.? The stock is close to a 52-week high.
Yesterday, paper traded the LYV Jun 13 puts for .40-.45 on two blocks of 4,360 and 4,359.? Average volume is 1,866.? Open interest is 50 contracts.
The trade looks like a buy with more contracts trading around 16467 on the day.? The trade looks very bearish with IV up 10 points in Jun.? IV is up sharply in the name and earnings are not on the calendar.
30-day implied volatility is 47%.?? 10-day implied volatility is 34%.? 30-day implied volatility is trading above the 10-day historical volatility.
Live Nation Entertainment, Inc. (Live Nation) is a live entertainment company.