Notable Put Options Activity in Cimarex Energy
Shares of Cimarex Energy (NYSE: XEC) are lower on the session by 1.14%, currently trading at $80.66. 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 $75.00 put, which has traded 1,690 times on open interest of 368 contracts.
Put volume is outpacing call volume by 1.5 to 1.
Cimarex Energy Co. is an independent oil and gas exploration and production company. Its operations are located in Texas, Oklahoma, New Mexico, Kansas and Wyoming.
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