Dole Food Company Inc. (DOLE) is trading up .09 to 11.37.? DOLE is trading well off of its 52 week low of 8.02.
Today paper bought the DOLE Feb 10 puts for .25 over 500 times.? The order was not filled right away and the .25 bid stayed active.? Average contract volume is over 2,700 per day in the name.? Open interest was 0 prior to this trade. The puts look to be a straight buy for either downside protection or speculation.? The implied volatility is up 18% on the strike.
30-day implied volatility is 42%.?? 10-day implied volatility is 17%.? 30-day implied volatility is trading over the 10-day historical volatility. ?
Dole Food Company, Inc. (DOLE) is a producer, marketer and distributor of fresh fruit and fresh vegetables.