Shares of Bean Inc. (BEAM) are down 1.38 to 66 today.? BEAM is in the middle of the 52 week range.

Today paper traded 997 BEAM Mare 72.5 calls for 1.25. The ADV is 1301 contracts.? The OI is 405 contracts.

The volume went up in lifting the offer 1 time.? Scattered buyers traded smaller size throughout the day. The calls are trading just under the purchase price but the opening buyer is giving the trade a lot of time.? The position is very bullish.? There has been writing of the Jan 2015 options as well.? IV is up 1 point in Mar.

30-day implied volatility is 21%.?? 10-day implied volatility is 13%.? 30-day implied volatility is trading above the 10-day historical volatility.

Beam Inc. (Beam) is a premium spirits company that makes and sells branded distilled spirits products in markets worldwide.