Market Overview

Notable Put Options Activity in Starwood Hotels & Resorts Worldwide

Shares of Starwood Hotels & Resorts Worldwide (NYSE: HOT) are lower on the session by 0.70%, currently trading at $48.18. 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 February 2012 $47.00 put, which has traded 4,700 times on open interest of 800 contracts.

Put volume is outpacing call volume by 24 to 1.

Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The company conducts its hotel and leisure business both directly and through its subsidiaries.

Posted-In: Options Markets

 

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