Market Overview

Notable Put Options Activity in Express Scripts

Shares of Express Scripts (NASDAQ: ESRX) are higher on the session by 1.71%, currently trading at $52.03. 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 February 2012 $50.00 put, which has traded 12,200 times on open interest of 4,950 contracts. Large lots are active on the name today.

Put volume is outpacing call volume by 4 to 1.

Express Scripts, Inc. is a pharmacy benefit management operating in North America, offering a range of services to its clients, which include health maintenance organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers' compensation plans and Government health programs.

Posted-In: Options Markets

 

Most Popular

Related Articles (ESRX)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free