Shares of Ashland Inc. (ASH) are up .28 today to 102.26. ?ASH is near the middle of the 52 week range.
Today paper traded 8000 ASH Jan 2015 100 calls and puts at 12.70. ?The ADV is 1726 contracts.? The OI is under 500 contracts for both strikes.
The volume went up in 2 large blocks.? The trade went up on the bid marked straddle.? The seller is hoping to take advantage of a quiet period between now and the next earnings cycle.? IV is down across the term structure.
30-day implied volatility is 22%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading above the 10 realized volatility
Ashland Inc. (Ashland) is a global specialty chemical company that provides products, services and solutions throughout a variety of industries.?