Notable Put Options Activity on Atlas Energy
Shares of Atlas Energy (NYSE: ATLS) are higher on the session by 2.19%, trading at $24.26. 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 January 2012 $17.50 put, which has traded 1,300 times on open interest of 1,551 contracts.
Put volume is outpacing call volume by 333 to 1.
Atlas Energy, L.P., a midstream energy service company, engages in the gathering and processing of natural gas in the Mid-Continent and Appalachia regions.
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