Shares of USG Corp (USG) are up .58 today to 31.71. ?USG is in the middle of the 52 week range.

Today paper traded 3750 USG Aug 33 calls for 1.25.? The ADV is 1975 contracts.? The OI is 681.

The volume went up in 1 block.? The trade went up early with the block on the offer.? The buyer was motivated early and the calls are now 1.25 bid.? IV is up 2 points in Aug as other buyers of calls stepped in.? Volume on the strike is over 5000 contracts today.

30-day implied volatility is 31%.? ?10-day implied volatility is 15%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

USG Corporation (USG), through its subsidiaries, is a manufacturer and distributor of building materials.?