Options Brief: RINO International Corporation (RINO)

Shares of RINO International Corporation (NASDAQ: RINO) are lower on the session by 9.18%, trading at $11.97.

Overall put volume is now running at 4.11x the daily average, with 47% of all puts traded being purchases on the offer. 19,549 contracts have traded on the session so far.

RINO International Corporation is engaged in the business of designing, manufacturing, installing and servicing wastewater treatment and flue gas desulphurization equipment for use in China's iron and steel industry, and anti-oxidation products and equipment designed for use in the manufacture of hot rolled steel plate products.