Shares of Beam Inc. (BEAM) are up .21 to 61.63.? BEAM is approaching 52-week highs.
Today a seller came in and sold 8,964 BEAM Jun 70 calls at 0.60.?? Average volume is 954 contracts per day in the name.? Open interest is 4,660 on the calls.
The trade went up looking like a call overwriter on a long stock position.? Apr volatility is up slightly and the trade printed as a price variation so the nature is unclear.
30-day implied volatility is 19%.?? 10-day implied volatility is 18%.? 30-day implied volatility is trading below the 10-day historical volatility.
Beam Inc. (Beam) is a premium spirits company that makes and sells branded distilled spirits products in major markets worldwide.