Notable Put Options Activity in Stanley Black & Decker
Shares of Stanley Black & Decker (NYSE: SWX) are lower on the session by 1.78%, currently trading at $71.32. 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 $75 put, which has traded 1,300 times on open interest of 0 contracts.
Put volume is outpacing call volume by 3 to 1.
Stanley Black & Decker, Inc. operates in three segments: Construction & Do-It-Yourself, Security, and Industrial. CDIY segment manufactures hand tools, corded and cordless electric power tools and equipment, lawn and garden products, consumer portable power products, home products, accessories and attachments for power tools, consumer mechanics tools, storage systems, and pneumatic tools and fasteners.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.