Shares of USANA Health Sciences (USNA) are trading down 4.33 to 37.54. USNA is trading at three-month lows.
Paper is buying options in scattered trades.?? A block of 250 USNA Dec 35 puts went up for 2.10 with a total volume of 1,024.? USNA average daily volume is 349 contracts.? Volatility is up 19.7% in January.?? Open interest is over 268 contracts in this strike. The nature of the trade looks to be continued put buying pushing up the implied volatility.?
30-day implied volatility is 66%.? ?10-day implied volatility is 18%.? 30-day implied volatility is trading just around the 10-day historical volatility showing an outsize move today.?
USANA Health Sciences, Inc. develops and manufactures science-based nutritional and personal care products