Options Brief: California Pizza Kitchen (CPKI)

Shares of California Pizza Kitchen (NASDAQ: CPKI) are higher on the session by 0.19%, trading at $15.97.

Overall put volume is now running at 5.92x the daily average, with 62% of all puts traded being purchases on the offer. 1,053 contracts have traded on the session so far.

California Pizza Kitchen, Inc. is a casual dining restaurant chain with a particular focus on the pizza segment. As of January 3, 2010, it owned, licensed or franchised 252 locations in 32 states and nine foreign countries, of which 205 are company-owned and 47 operate under franchise or license arrangements.