Notable Put Options Activity in Whirlpool
Shares of Whirlpool (NYSE: WHR) are higher on the session by 0.83%, currently trading at $78.06. 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 April 2012 $67.50 put, which has traded 2,400 times on open interest of 712 contracts. The Apr2012 $65.00 put also traded 2,400 times on 763 contracts.
This is a fresh put spread.
Put volume is outpacing call volume by 10 to 1.
Whirlpool Corporation is a manufacturer and marketer of home appliances. Whirlpool operates in four segments: North America, Latin America, EMEA and Asia.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.