Shares of Thermo Fisher Scientific (TMO) are trading down .58 to 117.28 TMO is near the upper end of the 52 week range.
Today paper traded 2750 TMO Jul/Aug 130 call spread at 1.85. ?The ADV is 2358 contracts.? The OI is 4928 and 91 contracts.
The volume went up in 2 blocks.? Trade on the day is over 3700 contracts per strike with the trader rolling a position to Aug.? With the stock lower the trader most likely bought in short Jul call and sold to open an Aug call.? This is consistent with a buy writer.
30-day implied volatility is 22%.?? 10-day implied volatility is 14%.? 30 day implied volatility is trading above the 10 realized volatility
Thermo Fisher Scientific Inc. (Thermo Fisher) is engaged in serving science.?