Notable Put Options Activity in Avery Dennison
By Michael J. Zerinskas
October 17, 2011 12:09 PM
October 17, 2011 12:09 PM
Shares of Avery Dennison (NYSE: AVY) are lower on the session by 3.56%, currently trading at $26.56. 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 November 2011 $25.00 put traded 1,000 times on open interest of 761 contracts.
Put volume is outpacing call volume by 1,000 to 1.
Avery Dennison Corporation develops identification and decorative solutions for businesses and consumers globally.
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