Shares of Lifelock Inc. (LOCK) are down 1.09 to 15.50 today. ?LOCK is in the middle of the 52-week range.
Today paper traded 877 LOCK May 20 puts at 4.10-4.30.? The ADV is 1191 contracts.? The OI is 1524 contracts.
The volume went up in several small blocks.? Trade was mostly selling the bid as LOCK kept declining throughout the day.? With the higher OI it looks like there still is a seller of these puts out there with more to go.? The stock came from $21 two weeks ago so the seller is staying patient.? This looks like a short position slowly closing down for a nice gain.
30-day implied volatility is 60%.?? 10-day implied volatility is 35%.? 30-day implied volatility is trading above the 10-day historical volatility.
LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises.