Notable Put Options Activity in First Cash Financial Services
Shares of First Cash Financial Services (NASDAQ: FCFS) are lower on the session by 6.46%, currently trading at $41.59. The stock has been moving largely higher over the past three months, but it is currently trading below the 50-day moving average.
Options traders are focusing on puts today. A short while ago the October 2011 $40.00 put traded 500 times on open interest of 78 contracts. Small lots are also active in December.
Put volume is dominating call volume 4 to 1.
First Cash Financial Services, Inc. is an operator of retail-based pawn and consumer finance stores in the United States and Mexico.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.