Notable Put Options Activity in BorgWarner

Shares of BorgWarner BWA are lower on the session by 1.19%, currently trading at $77.25. 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 March 2012 $80.00 put, which has traded 1,240 times on open interest of 0 contracts. Put volume is outpacing call volume by 16 to 1. BorgWarner Inc. and Consolidated Subsidiaries is a global supplier of engineered automotive systems and components, primarily for powertrain applications. The company has two segments: Engine and Drivetrain.
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Posted In: OptionsMarkets
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