Notable Put Options Activity in Skechers U.S.A.
By Michael J. Zerinskas
February 07, 2012 11:32 AM
February 07, 2012 11:32 AM
Shares of Skechers U.S.A. (NYSE: SKX) are lower on the session by 0.36%, currently trading at $13.75. The stock has been moving largely higher over the past six weeks 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 $13.00 put, which has traded 2,150 times on open interest of 322 contracts.
Put volume is outpacing call volume by 13 to 1.
Skechers U.S.A., Inc. designs and markets Skechers-branded lifestyle footwear for men, women and children under several lines.
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