Notable Put Options Activity in VimpelCom
Shares of VimpelCom (NYSE: VIP) are higher on the session by 1.05%, currently trading at $10.57. The stock has been moving largely lower over the past three months, though it 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 $10.00 put, which has traded 1,500 times on open interest of 1 contract.
Put volume is outpacing call volume by 182 to 1.
VimpelCom Ltd. is a group of integrated telecommunications services operators.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.