Market Overview

Notable Put Options Activity in New Oriental Education & Technology

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Shares of New Oriental Education & Technology (NYSE: EDU) are lower on the session by 10.07%, currently trading at $22.68. The stock has been moving largely lower over the past three 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 January 2013 $25 put, which has traded 2,000 times on open interest of 4,951 contracts.

Put volume is outpacing call volume by 7 to 1.

New Oriental Education & Technology Group Inc. is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

Posted-In: Options Markets

 

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