Notable Put Options Activity in Fuel Systems Solutions
Shares of Fuel Systems Solutions (NASDAQ: FSYS) are higher on the session by 1.83%, currently trading at $17.79. The stock has been moving largely higher over the past two weeks and is currently testing the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2012 $16.00 put, which has traded 928 times on open interest of 1,888 contracts.
Put volume is outpacing call volume by 12 to 1.
Fuel Systems Solutions, Inc. designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines.
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