Notable Put Options Activity in Aegean Marine Petroleum Network
Shares of Aegean Marine Petroleum Network (NYSE: ANW) are lower on the session by 2.00%, currently trading at $4.91. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the June 2012 $2.50 put, which has traded 1,000 times on open interest of 27 contracts.
Put volume is outpacing call volume by 2 to 1.
Aegean Marine Petroleum Network Inc. is an independent physical supplier and marketer of refined marine fuel and lubricants.
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