Shares of Wyndham Worldwide Corp. (WYN) are up .01 to 72.5 today.? WYN is near the top of the 52-week range.
Today paper traded 889 WYN Jan 70 puts for .15.? ADV is 943 contracts.? The OI is 324 contracts.
The volume went up in one block lifting the offer at the time.? There was an early seller generating 4,626 in volume on the strike for the day with the size buyer scooping up the balance of the puts. The flow went like an early seller hitting bids on multiple exchanges with the size buyer cleaning up at the bottom.? The puts are .20 bid now.? The paper is opening here.
30-day implied volatility is 21%. ? 10-day implied volatility is 12%.? 30-day implied volatility is trading above the 10-day historical volatility.
Wyndham Worldwide Corporation is a hospitality company.?