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Shares of TripAdvisor
TRIP are higher on the session by 5.77%, currently trading at $30.70. The stock has been moving largely higher over the past four weeks and is currently trading above the 20-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2012 $30.00 put, which has traded 1,000 times on open interest of 15 contracts.
Put volume is outpacing call volume by 6 to 1.
TripAdvisor, Inc. is an online travel research company, enabling users to plan and have a trip. TripAdvisor features reviews and advice on hotels, resorts, flights, vacation rentals, vacation packages and travel guides.
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