Shares of the DENTSPLY International Inc. (XRAY) are down .51 to 45.27 today.? XRAY is in the middle of the 52 week range.
Today paper traded 1500 XRAY Jul 50 puts for 5.20-5.40.? The ADV is 258 contracts.? The OI is 27 contracts.
The volume went up one large block with some smaller blocks. The opening volume grabbed offers on multiple trading floors in what looks like a bearish trade.? The market for the puts is .90 wide so the customer paid a premium to get short at the time.? As of this writing the puts are in the same place and the name has not moved much.
30-day implied volatility is 19.2%. ? 10-day implied volatility is 20%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
DENTSPLY International Inc. (DENTSPLY) is a designer, developer, manufacturer and marketer of a range of dental products.?