Shares of Sprouts Farmers Market Inc. (SFM) are down 3.78 to 27.30 today. SFM is making a 52 week low.
Today paper traded 393 SFM May 25 puts for .70. ?The ADV is 797 contracts.? The OI is 6 contracts in the May 25 puts.
The volume went up in one block.? Calls also traded briskly with the May 27.5 printing over 2100 contracts.? IV is up 48 points in May as option buyers stream in ahead of the earnings. Much of the new trade is in the OTM puts and most are buying.
30-day implied volatility is 72%.?? 10-day implied volatility is 17%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Sprouts Farmers Market, Inc. (Sprouts) is a specialty retailer of natural and organic food focusing on health and wellness.