Notable Put Options Activity in Itron
Shares of Itron (NASDAQ: ITRI) are higher on the session by 0.88%, currently trading at $41.40. 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 $40.00 put, which has traded 1,110 times on open interest of 4,413 contracts.
Put volume is outpacing call volume by 14 to 1.
Itron, Inc. is a technology company, offering end-to-end smart metering solutions to electric, natural gas, and water utilities around the world.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.