Shares of Dole Food Company (DOLE) are trading up .09 today to $11.84. DOLE traded as high as $11.92 today and recently hit a near term low on November 26th of $10.89.
Early morning paper sold DOLE Jan 12.5 puts for $1.0 hitting the bid at the time.? One block of 2,000 contracts went up, and with total contract volume on the day of 2,006 contracts, this trade is substantial. Volatility is down .20% in the DOLE Jan 12.5 puts to 39.54%.? Open Interest is 5,577 contracts, which could suggest a continued seller of this strike.
30-day implied volatility is 43.50%.?? 10-day implied volatility is 16.69%.? 30-day implied volatility is trading well over the 10-day historical volatility.? DOLE earnings are after the Jan cycle.
Dole Food Company is a global food producer and processor.