Notable Put Options Activity in Sherwin-Williams
December 01, 2011 11:58 AM
Shares of Sherwin-Williams (NYSE: SHW) are lower on the session by 1.04%, currently trading at $85.93. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the March 2012 $75.00 put, which has traded 1,000 times on open interest of 1,074 contracts.
Put volume is outpacing call volume by 33 to 1.
The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America, with additional operations in the Caribbean region, Europe and Asia.
