Shares of The Western Union Co (WU) are down .12 to 16.04 today.? WU is in the middle of the 52 week range.
Today paper traded 9035 WU Aug 16 calls at .60. ?The ADV is 3352 contracts.? The OI is 2503.
The volume went up in one block.? There is relatively low OI so the seller is looking like a buy writer.? With the .125 quarterly dividend this looks like an attractive income play paying 4.5% through August.
?30-day implied volatility is 19%.?? 10-day implied volatility is 15%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
The Western Union Company (Western Union) is engaged in money movement and payment services.?