Shares of National Financial Partners (NFP) are up .19 to 25.20.? NFP is trading at a one-year high.

NFP July 25 calls are trading .55 5,000 times.? Average volume is 171 contracts per day.? Open interest is over 490 contracts.

The calls are trading .55 with the bid showing as of this writing.? The paper looks like a standing bid slowly getting filled in a very low volatility stock.? The trade is? odd because it is over the deal price of 25.35.

30-day implied volatility is 6%.?? 10-day implied volatility is 37%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

National Financial Partners Corp. (NFP) and its benefits, insurance and wealth management businesses provide a range of advisory and brokerage services to the Company?s clients.