Options Brief: Walter Investment Management

Shares of Walter Investment Management WAC are higher on the session by 2.48%, trading at $26.41. Overall put volume is now running at 2.38x the daily average, with 69% of all puts traded being purchases on the offer. 1,500 contracts have traded on the session so far. Walter Investment Management Corp. together with its subsidiaries, is a mortgage servicer and mortgage portfolio owner. The company is engaged in providing subprime, non-conforming and other residential loans in the southeastern United States.