Shares of AECOM Technology Corp (ACM) are up .32 to 35.22 today.? ACM is trading near the upper end of the 52 week range.
Today paper traded 4000 ACM Aug 35 put for .30-.45.? The ADV is 301 contracts.? The OI is 303 contracts.
Volume went up several blocks.? The puts were bid early with the buyer stepping up to pay .35 for 2857 puts.? Right after the put fill call buyers jumped in on all exchanges to buy over 2562 Sep 35 calls. Both sides did not go up marked spread or with equal volumes. The trades do seemed linked if anything on the sub- 5 min proximity of the trade report..? This looks like short term protection against a long term long.? Short term IV is catching quite a bid here outside the earnings cycle.
30-day implied volatility is 27%.?? 10-day implied volatility is 15%.? 30 day implied volatility is trading above the 10 realized volatility.
AECOM Technology Corporation (AECOM), is a provider of professional technical and management support services for commercial and government clients around the world.