Shares of Ambev SA (ABEV) are up .07 to 7.24 today.? ABEV is trading near the middle of the 52 week range.
Today paper traded 700 ABEV Oct 7.5 calls at .30. ?The ADV is 636 contracts.? The OI is 799.
The volume went up in one block on the open.? The order did not fill right away and looks like part of 1000 at least.? 1200 contracts eventually traded for .30.? The trade looks like an ATM buy writer looking for 5% plus yield through Oct.
30-day implied volatility is 22%.?? 10-day implied volatility is 26%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
Ambev SA, known as Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewers sector. Ambev produces, distributes and sell beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated products across the Americas.