Notable Put Options Activity in DeVry
Shares of DeVry (NYSE: DV) are lower on the session by 4.06%, currently trading at $39.95. The stock has been moving largely higher over the past two 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 $40.00 put, which has traded 1,300 times on open interest of 836 contracts.
Put volume is outpacing call volume by 2 to 1.
DeVry Inc. is a provider of educational services and the parent organization of Advanced Academics, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, and Ross University.
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