Notable Put Options Activity in Uranium Energy
Shares of Uranium Energy (AMEX: UEC) are lower on the session by 1.29%, currently trading at $3.05. The stock has been moving largely lower over the past three weeks and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. A short while ago the November 2011 $5.00 put traded 381 times on open interest of 2,790 contracts. The Feb2012 $5.00 put also traded 381 times on 1,020 contracts.
Put volume is outpacing call volume by 166 to 1.
Uranium Energy Corp. is an exploration-stage company. It is a natural resource exploration company engaged in the exploration of properties in the United States.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.