Yesterday, shares of the Brookdale Senior Living Inc. (BKD) were up .15 to 27.30. BKD was trading at highs of the year.?
Yesterday morning paper bought the BKD Feb 30 calls on the open for .40 -.50 with the largest block trading .50 for 1,450 contracts. Average contract volume is over 785 contracts per day in the name.? Open interest is over 500 on the strike.? The implied volatility is up 24% in the Feb strike. The trade looks to be new buyer stepping up.? Recall the Jan 25 trade of several weeks ago where the trader was lightening a long position as this could be rolling profits to a higher strike.?
30-day implied volatility is 42%.?? 10-day implied volatility is 23%.? 30-day implied volatility is trading well over the 10 day historical volatility.
Brookdale Senior Living Inc. (BKD) is an owner and operator of senior living communities throughout the United States.
Brookdale Senior Living Inc. (BKD)