Notable Put Options Activity in International Game Technology
Shares of International Game Technology (NYSE: IGT) are lower on the session by 0.90%, currently trading at $16.57. The stock has been moving largely lower over the past two weeks 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 February 2012 $16.00 put, which has traded 4,700 times on open interest of 137 contracts.
Put volume is outpacing call volume by 6 to 1.
International Game Technology is a global gaming company specializing in the design, manufacture, and marketing of electronic gaming equipment and systems.
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