Shares of Entergy Corp are down 1.21 to 76.73 today. ?ETR is near the upper end of the 52 week range.

Today paper traded 1400 ETR Jan 70 puts for 1.65.? The ADV is 675 contracts. The OI is 62 contracts.

The volume went up in 1 block.? Follow up volume traded on this strike up to 3440 contracts as of this writing.? Buyers are bidding up these puts driving the IV up 1.3 points in Jan.? The traders are looking for protection or a drop in ETR.

?30-day implied volatility is 19%.?? 10-day implied volatility is 24%.? 30 day implied volatility is trading below the 10 Day Historical volatility.

Entergy Corporation (Entergy) is an integrated energy company engaged primarily in electric power production and retail distribution operations.