Shares of Avon Products Inc. (AVP) were trading up .20 today to $14.71.? AVP has year-to-date low of $13.70.
Large blocks of the AVP Jan 16 calls traded in large size between .35 and .50.? Blocks of 7,000, 6,000 and 4,000 went up with total contract volume over 18,000 contracts on the strike.? Average volume is 5,536 contracts per day.? Open Interest is 5,647 contracts on the Jan 16 call.? The implied volatility is up 19% today to 56.99% in the Jan 16 strike. This looks to be opening, buying paper for AVP with the volatility up sharply.
30-day implied volatility is 51%. 10-day implied volatility is 36%.? 30-day implied volatility is trading just over the 10-day historical volatility. ?
Avon Products, Inc. (Avon) is a manufacturer and marketer of beauty and related products.