Notable Put Options Activity in ITT Educational Services
By Michael J. Zerinskas
December 16, 2011 4:02 PM
December 16, 2011 4:02 PM
Shares of ITT Educational Services (NYSE: ESI) are lower on the session by 0.12%, currently trading at $51.33. 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. The strike seeing the heaviest action is the April 2012 $55.00 put, which has traded 1,000 times on open interest of 518 contracts.
Put volume is outpacing call volume by 7 to 1.
ITT Educational Services, Inc. is a provider of postsecondary degree programs in the United States. As of December 31, 2010, the company offered master, bachelor and associate degree programs to approximately 84,000 students.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We're Loving
