Shares of Avon Products, Inc. (AVP) are down a .05 to 12.96 today. ?AVP is on the bottom of the 52 week range.
Today paper traded 1500 AVP Oct 11 puts for .40.? The ADV is 5093 contracts. The OI is 31204 contracts.
The volume went up in one large block.? These puts are in addition to the puts traded yesterday.? Right now paper is selling the .40 bid in these puts.? Buyer are bidding up the Oct quite a bit with earnings in 2 days.? UA highlighted buyers of these same puts yesterday for .25.
30-day implied volatility is 56%.?? 10-day implied volatility is 14%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Avon Products, Inc. (Avon) is a manufacturer and marketer of beauty and related products.?