Shares of ConAgra Foods, Inc (CAG) are up .22 to 31.06 today.? CAG is in the middle of the 52 week range.
Today paper traded 6551 CAG Feb 30 puts for .20.? ADV is 2158 contracts.? The OI is 120 contracts.
The volume went up in one block taking the offer.? Subsequent .20 bids came in with 12901 trading on the day, mostly around the .20 level.? The buyer probably had more than 6551 to buy and it took time to find offers.? Without earnings, maybe some news is pending to send the share price down in a couple of weeks.? Big jump in Feb IV to 22.81, up 4.6 points.
30-day implied volatility is 22%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
ConAgra Foods, Inc. is a packaged food company. The Company operates in four segments: Consumer Foods, Commercial Foods, Ralcorp Food Group, and Ralcorp Frozen Bakery Products. Consumers can find recognized brands such as Banquet, Chef Boyarde, Egg Beaters, Healthy Choice, Hebrew National, Hunt’s, Marie Callender’s, Odom’s Tennessee Pride, Orville Redenbacher’s, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack, and many other ConAgra Foods brands and products, along with food sold by ConAgra Foods under private brands, in grocery, convenience, mass merchandise, club stores, and drugstores.