9689 PSTG Apr 10 puts went up on the PHLX & represents 7% of the float.

PSTG

Shares of Pure Storage Inc (PSTG) are down .16 to 12.89 today.? PSTG is near the bottom of the 52 week range.

  • Paper traded 9689 PSTG Apr 10 puts at .15.?
  • The ADV is 1330 contracts.?
  • The OI is 157 contracts.

The trade went up on the PHLX.? Total volume on the strike is over 20k as puts traded .20 then .15 in an apparent sell down on the strike.? The puts are still .15 bid with the IV down .15 points in APR.? The trader is drawing the line in the sand at $10.

  • ?IV30 is 79%; HV10 is 71%?
  • The implied volatility is trading at a premium to the realized volatility.

Pure Storage Inc is a United States-based flash enterprise storage array company.