Notable Put Options Activity in ARIAD Pharmaceuticals
Shares of ARIAD Pharmaceuticals (NASDAQ: ARIA) are higher on the session by 0.23%, currently trading at $15.03. The stock has been moving largely higher over the past three 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 August 2012 $9.00 put, which has traded 5,100 times on open interest of 5,050 contracts.
Put volume is outpacing call volume by 6 to 1.
ARIAD Pharmaceuticals, Inc. is a biopharmaceutical company focused on the discovery and development of drugs to provide therapeutic intervention in treating human diseases at the cellular level.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.