Notable Options Activity in Cree Inc.

Shares of Cree, Inc CREE are lower on the session by 6.80%, currently trading at $29.71. They released earnings before the opening. Options volatility is down with April -92.2 points, May -16.1 points, and June -4.0 points. The strike seeing the heaviest action is the April 2012 $30.00 put, which has traded 1,200 times on open interest of 11,000 contracts. Earnings were released last night after the close.