Shares of American Movil SAB (AMX) are up .08 to 19.64 today.? AMX is near the bottom of the 52 week range.
Today paper traded 6574 AMX Jun 20 puts at .35 and 6650 AMX Jul 20 puts for .85. ? The ADV is 1284 contracts.? The OI is 7001 and 2500 contracts.
The volume went up in two blocks.? This trade is a protective put roll where the trade is closing the Jun puts and rolling into the Jul puts.? Generally there is a long stock position against this.
30-day implied volatility is 23%. ? 10-day implied volatility is 12%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
America Movil SAB de CV is a Mexico-based company, which is primarily engaged in the provision of wireless communications services in Latin America.