Shares of Ascena Retail Group Inc. are down .16 today to 16.53. ?ASNA is near the 52 week low.
Today paper traded 3218 ASNA Jun 17 puts for $1. ?The ADV is 917 contracts.? The OI is 4587 contracts.
The volume went up in 1 block.? Puts did trade outside the block as volume approaches 3900.? With ASNA at the low end of the range a short put trader is probably closing out.? Check the OI as there are earnings tomorrow after the close.
30-day implied volatility is 40%.?? 10-day implied volatility is 25%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Ascena Retail Group, Inc. (Ascena) is a national specialty retailer of apparel for women and teen girls operating, through its wholly owned subsidiaries, the Justice; Lane Bryant; maurices; dressbarn; and Catherines.