Shares of Buffalo Wild Wings Inc. (BWLD) are trading down 2.89? today to $71.99. BWLD is approaching a two-month low.
Paper traded the BWLD Jan 70 puts for .9 -1.50 over 1,955 times on scattered volume.? Average contract volume is over 1,700 contracts per day for the name.? Open interest is 405 contracts on the Jan 70 strike.? The implied volatility is up 4.2% in January suggesting this trade was mostly buying.? Much of the volume traded on the offer as BWLD slid down through the day.
30-day implied volatility is 30%.?? 10-day implied volatility is 16%.? 30-day implied volatility is trading well over the 10-day historical volatility. ?
Buffalo Wild Wings, Inc. is an owner, operator and franchisor of restaurants featuring a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 14 signature sauces or four signature seasonings.