Options Brief: Knightsbridge Tankers Limited (VLCCF)

Shares of Knightsbridge Tankers Limited (NASDAQ: VLCCF) are lower on the session by 2.84%, trading at $24.35.

Overall put volume is now running at 16.03x the daily average, with 27% of all puts traded being purchases on the offer. 3,286 contracts have traded on the session so far.

Knightsbridge Tankers Limited is engaged in the international seaborne transportation of crude oil and dry bulk cargoes. Its fleet consists of four double-hull Very Large Crude Carrier oil tankers, of which two Capesize dry bulk carriers were delivered to the Company in 2009.