Puts Purchased on Brunswick Corp. (BC)
July 19, 2010 2:11 PM
Shares of Brunswick Corp. (NYSE: BC) are lower on the session by 1.60%, currently trading at $12.30. The stock has been moving largely lower over the past three months, off from recent highs near $22.75.
Options traders are buying puts once again today. Though action has been primarily in small lots, put volume is currently totaling over 3x the daily average with over 75% of all puts traded being purchases on the offer.
Traders are buying the $11, $12.50, and $15 strikes in multiple months.
Brunswick Corporation is a global manufacturer and marketer of recreation products, including marine engines, boats, fitness equipment and bowling and billiards equipment.







