Loading...
Loading...
Shares of Eaton Corporation
ETN are higher on the session by 0.47%, currently trading at $101.64. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages.
Options traders are buying puts on the name today. A short while ago the February 2011 $100.00 put was purchased 1,000 times, on the offer, on open interest of only 32 contracts. This signals new positioning on the name.
The Feb 2011 $105.00 put was also purchased 1,200 times on no prior open interest.
Overall put volume is now running at 7.18x the daily average with 99% of all puts traded being purchases on the offer.
Eaton Corporation is a diversified power management company. The company is engaged in the manufacturing of electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use, and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in