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.
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