685 WTW Nov 6 puts went up in 1 large block on the ARCA
Shares of Weight Watchers Intl. (WTW) are up 6.59 to 13.38 today. ?WTW is near the middle of the 52 week range.
- Paper traded 685 WTW Nov 6 puts at .10
- The ADV is 2448 contracts.? ?
- The open interest is 2012 contracts.
The volume went up in 1 large block on the ARCA.? With the jump in WTW today traders are selling the Nov 6 puts at a .1.? Either this is a long position with no hope of going ITM or the trader is viewing the 6 level as free money now with the big jump in the stock.? WTW had substantial short interest prior to the move.
- IV 30 is trading for 116%.?
- HV10 is trading for 68%.?
- IV 30 is over the HV 10.
Weight Watchers International, Inc. is a provider of weight management services. The company operates globally through a network of Company-owned and franchise operations.