Shares of Dunkin Brands Group (DNKN) are up .99 to 47.70. ??DNKN is near the top of the 52-week range.
Today paper traded 6,924 DNKN Jan 50 calls for .10-.25.? The ADV is 1,964 contracts.? The OI is 3,231 contracts.
The volume traded in small to midsize blocks with a large posted early seller at .15 but did not trade there.? Much of the trade took place around .20 with the options .15 bid now.? On balance, the trade was call buying with scattered sellers.? This is a very bullish play with earnings in late Jan and call buyers pushing the IV up 3 points in Jan.
30-day implied volatility is 26%.? ?10-day implied volatility is 14%.? 30-day implied volatility is trading above the 10-day historical volatility.
Dunkin? Brands Group, Inc. (DBGI) is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream.