Notable Put Options Activity in Martin Marietta Materials
Shares of Martin Marietta Materials (NYSE: MLM) are higher on the session by 1.46%, currently trading at $75.86. 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 $75.00 put, which has traded 792 times on open interest of 384 contracts. Small lots are active on the name today.
Put volume is outpacing call volume by 6 to 1.
Martin Marietta Materials, Inc. is a producer of aggregates for the construction industry, including infrastructure, agricultural, nonresidential, and residential.
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