Shares of Yahoo! Inc. (YHOO) are down .31 to 33.16 today. YHOO is trading near the middle of the 52 week range.
Today paper traded 3991 YHOO Sep 30 puts for .70-.80 The ADV is 114k contracts. The OI is 24 contracts.
The volume went up in scattered sizes. Most likely this is a newsletter trader where customers are selling downside puts to possibly take delivery at a lower price. The trade is mostly selling on this strike as the investors are looking for flat to higher prices for YHOO.
30-day implied volatility is 33%. 10-day implied volatility is 32%. 30 day implied volatility is trading above the 10 Day Historical volatility.
Yahoo! Inc. (Yahoo!) is a global technology company. Through the Company?s technology and insights, Yahoo! delivers digital content and experiences, across devices and globally.