Shares of Quest Diagnostics Inc. (DGX) are down .08 to 55.67 today. DGX is in the middle of the 52-week range.
Today paper traded 1924 DGX Apr 60 calls for .20.? The ADV is 2168 contracts.? The OI is 15 contracts.
The volume went up in one block.? The trade was marked spread with a May 50 put that looked like a sale.? The very curious activity was the volume going up over 9000 contracts with most of that paper buying calls.? IV is up 4 points in Apr but the calls are up only .1 to .30.? A large move in IV terms but not in nominal terms as this is very bullish paper.
30-day implied volatility is 22%.? ?10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.
Quest Diagnostics Incorporated (Quest Diagnostics), is a provider of diagnostic testing, information and services, providing insights that enable patients and physicians to make healthcare decisions.?