Shares of Knowles Corp. (KN) are down .76 to 30.18 today.? KN is in the middle of the 52 week range.

Today paper traded 1586 KN Aug 30 puts for 1.45 today.? The ADV is 189 contracts. The OI is 4150 contracts.

The volume went up in one large block.? These puts have been steadily trading starting from 1.35.? A block did trade through the offer marked price variation.? The rush here is a close before earnings on the 28th.? The trader looks like they are taking profits if they sold them early in the month. ?

?30-day implied volatility is 45%. ? 10-day implied volatility is 19%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

Knowles Corporation is a supplier of advanced micro-acoustic, specialty components, and human interface solutions in the mobile communications, consumer electronics and medical technology, military, aerospace and other industrial markets.