Notable Put Options Activity in Suncor Energy
By Michael J. Zerinskas
November 28, 2011 1:53 PM
November 28, 2011 1:53 PM
Shares of Suncor Energy (NYSE: SU) are higher on the session by 4.12%, currently trading at $28.17. 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. The strike seeing the heaviest action is the December 2011 $26.00 put, which has traded 14,000 times on open interest of 1,291 contracts.
Put volume is outpacing call volume by 4 to 1.
Suncor Energy Inc. is an integrated energy company.It explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally, and it transports and refines crude oil and market petroleum and petrochemical products primarily in Canada.
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