Options Brief: ChinaCast Education Corporation (CAST)

Shares of ChinaCast Education Corporation

are lower on the session by 1.88%, trading at $6.28. Overall put volume is now running at 22.98x the daily average, with 71% of all puts traded being purchases on the offer. 2,712 contracts have traded on the session so far. ChinaCast Education Corporation is a post-secondary education and e-Learning services provider in People's Republic of China. The company provides post-secondary degree and diploma programs through its two universities in China: The Foreign Trade and Business College of Chongqing Normal University and the Lijiang College of Guangxi Normal University.