Notable Put Options Activity in K12
December 22, 2011 12:19 PM
Shares of K12 (NYSE: LRN) are higher on the session by 0.06%, currently trading at $17.66. 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 action is the January 2012 $17.50 put, which has traded 1,000 times on open interest of 144 contracts.
Put volume is outpacing call volume by 1,000 to 1.
K12 Inc. is a technology-based education company. The company offers curriculum and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade, or K-12.
For more expert research like this, as well as how to play it through options…please visit Benzinga’s Options & Volatility Edge and Benzinga’s Cash Generator.
