Shares of Deluxe Corp. (DLX) are up .54 to 55.57 today. DLX is near a 52 week high.

Today paper traded 984 DLX May 55 calls at .60. The ADV is 141 contracts.? The OI is 7263.

The volume went in one block.? A call trader looks like they are closing for a slight premium over parity.? There is pretty large OI so this is most likely closing on the recent run in DLX.? The big dividend coming up could be prompting the close.

30-day implied volatility is 23%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading above 10 Day Historical volatility.

Deluxe Corporation through its various businesses and brands provide a suite of life-cycle driven solutions to its customers.