Shares of Flowers Foods Inc. (FLO) are trading down .39 to 27.62.
Today 10 623 of the FLO Mar 25 puts changed hands for .40-.45 in large blocks.? The average contract volume is 561 contracts per day in the name.? Open interest is 119 contracts on the strike.? The implied volatility is up 26% in March.
The trades look to be speculative paper or hedging paper after a big run in FLO.
30-day implied volatility is 41%.? 10-day implied volatility is 13%.? 30 day implied volatility is trading above the 10 day historical volatility.
Flowers Foods, Inc. (Flowers Foods) is a producer and marketer of bakery products in the United States.