Shares of Molson Coors Brewing Co. (TAP) are up .38 to 55.40 today. TAP is near the upper end of the 52-week range.
Today paper traded 10,225 TAP Jul 62.5 calls at .45-.50.? ADV is 879 contracts.? The OI is 2550 contracts.?
The volume went up in two large blocks on and near the bid.? Earlier volume got taken down from lower prices through the bid. The volume is consistent with an option buy writer and the IV is near 3 month lows.
30-day implied volatility is 19%. ? 10-day implied volatility is 21%.? 30-day implied volatility is trading below the 10-day historical?
Molson Coors Brewing Company (MCBC) is a holding company. The Company operates in five business segments: Canada, the U.S., Central Europe, the U.K., and Molson Coors International (MCI).