Shares of ConAgra Foods, Inc. (CAG) are up .down 1.91 to 29.13 today.? CAG is in the middle of the 52 week range.
Today paper traded 1,055 CAG Feb 30 puts for 1.15.? ADV is 2,446 contracts.? The OI is 10,000 contracts.
The volume went up in 2 blocks hitting the bid.? Subsequent volume came in for prices ranging from .90 to 1.30 with almost all of the volume as sales.? These trades are closing transactions that UA highlighted yesterday as speculative put buys.? The .20 but buyers returned 4x+ the money overnight.
30-day implied volatility is 21%.? ?10-day implied volatility is 20%.? 30-day implied volatility is trading above the 10-day historical volatility.
ConAgra Foods, Inc. is a packaged food company.