Shares of Newell Rubbermaid Inc (NWL) are up .60 to 30.87 today.? NWL is in the upper end of the 52 week range.
Today paper traded the 837 NWL Feb 30 puts for .70.? ADV is 458 contracts.? The OI is 9427 contracts.
The volume went up in one block buying early.? Subsequent paper totals 9214 on prices between .25 -.70? trading almost all of the open interest.? Most of those were hitting the bid with IV down 12 points after earnings.? UA profiled these put buys yesterday and they look like a loser on balance.
30-day implied volatility is 20%.?? 10-day implied volatility is 14%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Newell Rubbermaid Inc. is a global marketer of consumer and commercial products. The Company’s products are marketed under a portfolio of brands, including Rubbermaid, Levolor, Goody, Calphalon, Sharpie, Paper Mate, Parker, Waterman, Irwin, Lenox, Graco, Aprica and Dymo.