Shares of ResMed Inc (RMD) are trading 46 down .28. ?RMD is trading $2 under the 52-week high.
Today paper sold down the RMD Apr 45 calls on prices from 1.35 to 1.2 with 2,000 contracts changing hands. ??Average volume is 566 contracts per day.? Open interest is 2,918 contracts.
The trades are showing two-way paper with first an early buyer then a seller posting an offer with the balance trading 1.2 where the offer was lifted. The volatility in Apr dropped 2 points pushing these calls almost to parity indicating on balance a more active seller.? The calls could be a closing seller but are marking .20 over parity with 9 days to expiration which is very cheap.
30-day implied volatility is 29%.?? 10-day implied volatility is 21%.? 30-day implied volatility is trading above the 10-day historical volatility.
ResMed Inc., (ResMed) is a holding company for the ResMed Group. The Company, through its subsidiaries, is a developer, manufacturer and distributor of medical equipment for treating, diagnosing, and managing sleep-disordered breathing and other respiratory disorders.