Notable Put Options Activity in Golar LNG
Shares of Golar LNG (NASDAQ: GLNG) are higher on the session by 0.03%, currently trading at $39.78. 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 September 2012 $30.00 put, which has traded 1,400 times on open interest of 83 contracts.
Put volume is outpacing call volume by 10 to 1.
Golar LNG Limited is the owner and operator of liquefied natural gas carriers and floating storage regasification units.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.