Notable Put Options Activity in FTI Consulting
Shares of FTI Consulting (NYSE: FCN) are lower on the session by 0.17%, currently trading at $41.28. The stock has been moving largely lower over the past three weeks and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the June 2012 $40.00 put, which has traded 4,500 times on open interest of 1,310 contracts. The Mar2012 $40.00 put also traded 4,400 times on 4,712 contracts.
Put volume is outpacing call volume by 225 to 1.
FTI Consulting, Inc. is a global business advisory firm. The company operates in five segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.