Notable Put Options Activity in WABCO Holdings
Shares of WABCO Holdings (NYSE: WBC) are higher on the session by 6.06%, currently trading at $55.50. 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 February 2012 $50.00 put, which has traded 1,600 times on open interest of 1,404 contracts.
Put volume is outpacing call volume by 6 to 1.
WABCO Holdings Inc. is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.