Notable Put Options Activity in The Travelers Companies
January 03, 2012 11:23 AM
Shares of The Travelers Companies (NYSE: TRV) are higher on the session by 1.10%, currently trading at $59.82. 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 July 2012 $60.00 put, which has traded 1,500 times on open interest of 314 contracts. The Jul2012 $55.00 put also traded 1,500 times on 1,596 contracts.
The spread was executed at $1.95.
Put volume is outpacing call volume by 208 to 1.
The Travelers Companies, Inc. is a holding company. Through TRV's subsidiaries, the company is engaged in providing a range of commercial, and personal property and casualty insurance products and services to businesses, Government units, associations and individuals.
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