Shares of Iron Mountain Inc. (IRM) are down .11 to 34.70.? The stock is trading close to a 52-week high.
Today paper bought 3,950 IRM Apr 32.5 puts for 0.35-40. ??Average volume is 468 contracts per day in the name.? Open interest is 582 contracts.
The trade looks like a bearish or protective play in IRM, which is up 1.1 points in Apr.
30-day implied volatility is 20%.?? 10-day implied volatility is 18%.? 30-day implied volatility is trading above the 10-day historical volatility.
Iron Mountain Incorporated (Iron Mountain) provides information management services.