Shares of Chico?s FAS, Inc. are up .56 to 19.39 today.? CHS is at the upper end of the 52-week range.
Today paper traded 854 CHS Jan 19 puts at .10.? The ADV is 984 contracts.? The OI is 5,276 contracts.
The volume went up in one block hitting the bid at the time.? Volume subsequent to that went up at higher prices with just over 5,300 contracts trading on the day.? The put seller looked like closing paper in a rush to close.? The puts are trading .20 as of this writing.? An opposing stock position could be involved but did not see any prints go up.? The rest of the volume hit the bid on multiple exchanges.
30-day implied volatility is 26%.? ?10-day implied volatility is 9%.? 30-day implied volatility is trading above the 10-day historical volatility.
Chico?s FAS, Inc. is a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items under the Chico?s, White House / Black Market (WH/BM) and Soma Intimates (Soma) brand names.