Options Brief: Intrepid Potash (IPI)

Shares of Intrepid Potash

are higher on the session by 1.19%, trading at $37.64. Overall put volume is now running at 2.62x the daily average, with 29% of all puts traded being purchases on the offer. 1,388 contracts have traded on the session so far. Intrepid Potash, Inc. is a domestic producer of muriate of potash. It is also engaged in the production and marketing of potash and langbeinite. The company markets the langbeinite under the name of Trio.