Notable Put Options Activity in The Bank of Nova Scotia
Shares of The Bank of Nova Scotia (NYSE: BNS) are lower on the session by 1.79%, currently trading at $6.02. 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 $5.00 put, which has traded 1,000 times on open interest of 2,911 contracts.
Put volume is outpacing call volume by 22 to 1.
The Bank of Nova Scotia is a diversified financial institution. As of October 31, 2011, the Bank offered a range of products and services, including retail, commercial, corporate and investment banking to more than 18.6 million customers in more than 50 countries around the world.
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