Notable Put Options Activity in Terex
Shares of Terex Corporation (NYSE: TEX) are higher on the session by 8.20%, currently trading at $12.27. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. A short while ago the January 2012 $16.00 put traded 2,600 times on open interest of 179 contracts.
Put volume is outpacing call volume by 3 to 1.
Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products. Terex is focused on delivering customer-driven solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.