Options Brief: Nexen Inc. (NXY)

Shares of Nexen Inc.

are lower on the session by 5.94%, trading at $25.19. Overall put volume is now running at 2.21x the daily average, with 59% of all puts traded being purchases on the offer. 2,266 contracts have traded on the session so far. Nexen Inc. is an independent, Canada-based global energy company. It operates in two segments: Oil and Gas, and Energy Marketing. Nexen's oil sands investments include interests in the Long Lake project and the Syncrude joint venture.