Notable Put Options Activity in Atlas Air Worldwide

Shares of Atlas Air Worldwide

are higher on the session by 3.31%, currently trading at $37.43. 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 January 2012 $40.00 put, which has traded 997 times on open interest of 385 contracts. Put volume is outpacing call volume by 66 to 1. Atlas Air Worldwide Holdings, Inc. is a holding company with a principal operating subsidiary, Atlas Air, Inc. AAWW is a global provider of air cargo assets and outsourced aircraft operating services and solutions..