Shares of Prudential Financial Inc. (PRU)? are up .57 to 88.02.? PRU is in the middle of the 52 week range.
Today paper traded 10294 PRU Sep 95 calls and 6940 PRU Dec 92.5 calls at 2.04.? The ADV is 2699 contracts.? The OI is 12184 and 267 contracts.
The volume went up in 3 big blocks.? The trader is taking advantage of a near term drop in PRU to roll to a higher premium trade.? This action is typical for a serial buy writer.
30-day implied volatility is 20%. ? 10-day implied volatility is 19%.? 30 day implied volatility is trading above the 10 realized volatility
Prudential Financial, Inc. (Prudential Financial) is a financial services company.