Notable Put Options Activity in Total System Services
Shares of Total System Services (NYSE: TSS) are lower on the session by 0.77%, currently trading at $20.64. 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 February 2012 $20.00 put, which has traded 1,250 times on open interest of 20 contracts.
The puts were purchased for $0.40.
Put volume is outpacing call volume by 28 to 1.
Total System Services, Inc. is a global payment solutions provider. The company provides services to financial and non-financial institutions. The services it provided were divided into three segments: North America Services, International Services and Merchant Services.
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