Shares of Dollar Thrifty Automotive Group DTG are lower on the session by 2.99%, currently trading at $57.80. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. A short while ago the October 2011 $55.00 put traded 7,000 times on open interest of 7,510 contracts. The Oct2011 $60.00 put also traded 1,200 times on 2,440 contracts.
Put volume is dominating call volume 7 to 1.
Dollar Thrifty Automotive Group, Inc. is engaged in the business of the daily rental of vehicles to business and leisure customers through company owned stores.
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