Puts Purchased on Cardtronics
Shares of Cardtronics (NASDAQ: CATM) are higher on the session by 0.92%, currently trading at $24.22. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average.
Options traders are buying puts on the name today. A short while ago the September 2011 $20 put traded 1,250 times on open interest of 2,506 contracts.
Overall put volume is now running at 178.57x the daily average with 98% of all puts traded being purchases on the offer.
Cardtronics, Inc. is a provider of automated consumer financial services through its network of automated teller machines and multi-function financial services kiosks.
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