Notable Put Options Activity in Boise

Shares of Boise

are higher on the session by 0.13%, currently trading at $7.64. 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 January 2013 $4.60 put, which has traded 1,900 times on open interest of 1,165 contracts. Put volume is outpacing call volume by 250 to 1. Boise Inc. is a diverse United States-based manufacturer of paper and packaging products. The products the company manufactures include papers used for communication, such as office papers, commercial printing papers, envelopes, forms, and newsprint, as well as papers that are associated with packaging, including label and release and flexible papers used for food wrap and other applications.