Shares of iShares NASDAQ Biotechnology ETF (IBB) are up 2.32 to 257.79 today.? IBB is in the upper end of the 52 week range.
Today paper traded 12700 IBB Aug 225 puts for 1.30.? The ADV is 8249 contracts.? The OI is 1830 contracts.
The volume went up in 2 blocks.? IV is down in most terms in IBB so this buy through the offer looks odd.? More volume went up but most of that has been sales since the original blocks went up.? The puts are trading for .85 right now so the early buyer is down quite a bit.
30-day implied volatility is 23%. ? 10-day implied volatility is 22%.? 30 day implied volatility is trading above the 10 realized volatility
iShares Nasdaq Biotechnology ETF (the Fund), formerly iShares Nasdaq Biotechnology Index Fund, is an exchange-traded fund (ETF).