Market Overview

Puts Purchased on Robert Half International (RHI)

Shares of Robert Half International (NYSE: RHI) are higher on the session by 0.03%, currently trading at $33.25. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages.

Options traders are buying puts on the name today. A short while ago the June 2011 $30.00 put was purchased 1,100 times, on the offer, for $1.20 on open interest of 139 contracts.

Overall put volume is now running at 78.57x the daily average with 97% of all puts traded being purchases on the offer.

Robert Half International Inc. provides specialized staffing and risk consulting services, through such divisions as Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti.

Posted-In: Short Ideas Technicals Options Trading Ideas

 

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