Puts Purchased on Thor Industries (THO)
Shares of Thor Industries, Inc. (NYSE: THO) are lower on the session by 2.82%, currently trading at $25.16. The stock has been moving largely lower over the past six months; recently it has tested and failed to regain the 50-day moving average.
Options traders are buying protection on the name today. Though action has been primarily in small lots, put volume is now running at 6.24x the daily average. Traders are buying the $25.00 and $22.50 strike is September.
Thor Industries, Inc. is engaged in manufacturing and selling a range of recreation vehicles, and small and mid-size buses in the United States and Canada.
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