Notable Put Options Activity in Carrizo Oil & Gas

Shares of Carrizo Oil & Gas

are lower on the session by 1.38%, currently trading at $27.24. The stock has been moving largely higher over the past three 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 $27.50 put, which has traded 1,400 times on open interest of 2,092 contracts. Put volume is outpacing call volume by 12 to 1. Carrizo Oil & Gas, Inc. is an independent energy company. Carrizo together with its subsidiaries is engaged in the exploration, development, and production of oil and gas in the United States and United Kingdom.