Expeditors International of Washington, Inc. (EXPD) is trading down .62 to 42.50.? EXPD is trading $4 off of its 52-week highs.
Today paper traded the EXPD Mar 42.5 put for price ranging from 1.25-1.35 on blocks of 100 or more with total volume to 5,000+ as of this report.? Open interest is 274 contracts on the strikes combined. EXPD trades 1,046 contracts per day on average. The implied volatility is up 2.3 points in March. The scattered volume looks to be mostly buying puts.
30-day implied volatility is 21%.? ?10-day implied volatility is 9%.? 30-day implied volatility is trading over the 10-day historical volatility.?
Expeditors International of Washington, Inc. (EXPD) is engaged in the business of providing global logistics services. The Company offers its customers an international network supporting the movement and positioning of goods.