Notable Put Options Activity in Lender Processing Services
Shares of Lender Processing Services. (NYSE: LPS) are lower on the session by 0.26%, currently trading at $15.40. 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 March 2012 $14.00 put, which has traded 2,700 times on open interest of 5,282 contracts.
Put volume is outpacing call volume by 58 to 1.
Lender Processing Services, Inc. is a provider of integrated technology and services to the mortgage lending industry, with mortgage processing and default management services in the United States.
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