Notable Put Options Activity in Career Education
December 19, 2011 11:19 AM
Shares of Career Education (NASDAQ: CECO) are lower on the session by 1.27%, currently trading at $6.94. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest volume is the January 2012 $6.00 put, which has traded 3,700 times on open interest of 7,352 contracts. The Jan2012 $7.50 put also traded 2,500 times on 3,150 contracts.
Puts are outpacing calls today.
Career Education Corporation, through colleges, schools and universities that are part of the CEC family, offers education to a diverse student population of over 116,000 students in a variety of career-oriented disciplines.
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