Shares of Danaher Corp (DHR) are up .57 to 78.95 today.? DNR is at the top of the 52 week range.
Today paper traded the DHR Jan 2015 82.5/87.5 calls spread for .35 20k/40k times.? The ADV is 4129 contracts.? The OI is 27822 and 476 contracts.
The volume went up in 6 large blocks.? From the open interest on the 82.5s the trade is most likely a roll where the customer is selling the 82.5 contract and rolling up to get long more of the 87.5s.? the name has been stuck around the 79 level and the trader is probably taking profits and moving higher.
30-day implied volatility is 19%. ? 10-day implied volatility is 11%.? 30 day implied volatility is trading above the 10 realized volatility
Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services.