Shares of Symantec Corp (SYMC) are down .25 to 24.03 today.? SYMC is in the upper end of the 52 week range.
Today paper traded the 4894 SYMC Aug 24 puts for .14. ?The ADV is 4339 contracts.? The OI is 2963 contracts.
The volume went up in 1 block.? This trade came on the heels of .12 buyers getting into the market.? Eventually IV drove up .9 points with the big block trading .14.? This is a size buyer looking for a big drop prior to the dividend.? These puts are .26 bid now.
30-day implied volatility is 24%.?? 10-day implied volatility is 21%.? 30 day implied volatility is trading above the 10 realized volatility.
Symantec Corporation, is a security, backup and availability solutions.?