640 ADM Apr13 45 puts went up in 1 block on the PHLX
Shares of Archer Daniel Midland Comp (ADM) are down .01 to 45.40 today.? ADM is near the top of the 52 week range.
- Paper traded 640 ADM Apr13 45 puts for .31. ??
- The ADV is 2973 contracts.? ?
- The open interest is 21 contracts.
The volume went up in 1 block on the PHLX.? Over 4600 contracts trade with paper buying and lifting the offer on the puts.? IV is up 1.0 point and these puts expire before earnings.? The look very short term bearish as posted.
- IV 30 is trading for 23%.?
- HV10 is trading for 12%.?
- IV 30 is above the HV 10.
Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat, cocoa and other agricultural commodities.

