Notable Put Options Activity in Atlas Air Worldwide
Shares of Atlas Air Worldwide (NASDAQ: AAWW) are lower on the session by 11.02%, currently trading at $44.90. 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 $42.50 put, which has traded 948 times on open interest of 953 contracts.
Put volume is outpacing call volume by 9 to 1.
Atlas Air Worldwide Holdings, Inc. is a holding company with a principal operating subsidiary, Atlas Air, Inc. AAWW is a global provider of air cargo assets and outsourced aircraft operating services and solutions.
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