Shares of Walgreen Co (WAG) are trading up .35 to 47.32. WAG is trading near a 52-week high.
Today paper bought blocks of the WAG Jan 2014 47 calls with the largest block of 6,270 printing ?at 3.41. ??Average volume is 21,614 contracts per day.? Open interest is 1,460 contracts.
The trade looks like a buyer of calls walking up the bid to get filled.? Jan 2014 IV is up .4 points.
30-day implied volatility is 18%.?? 10-day implied volatility is 34%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
Walgreen Co. (Walgreens), together with its subsidiaries, operates the drugstore chain in the United States.