Shares of Tractor Supply Co. (TSCO) are down 1.10 to 61.15 today. TSCO is near the middle of 52 week range.
Today paper traded 655 TSCO Jul 65/70 put spreads for 4.80 and 655 TSCO Oct 60/70 put spread at 5.37.?? The ADV is 724 contracts.? The OI is 1600+ on the Jul spreads and less than 500 on the Oct spreads.
The volume went up in 4 blocks.? The trader looks closing on the Juls buying them for? 4.80 rolling into selling the Oct spreads.? This should be a continuation of a bullish trade this is not quite working out.? The Jul calls trade for .08 parity which means the market makers sold there.
30-day implied volatility is 22%.?? 10-day implied volatility is 10%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Tractor Supply Company is an operator of retail farm and ranch stores in the United States. It operates retail stores under the names Tractor Supply Company and Del?s Feed & Farm Supply and operates a Website under the name TractorSupply.com.