Notable Put Options Activity in EarthLink
Shares of EarthLink (NASDAQ: ELNK) are lower on the session by 0.18%, currently trading at $8.15. 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 $8.00 put, which has traded 4,000 times on open interest of 102 contracts.
Put volume is outpacing call volume by 92 to 1.
EarthLink, Inc. provides a suite of communications services to individual and business customers. The company operates two segments: Consumer Services and Business Services.
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