Options Brief: Blue Nile

Shares of Blue Nile (NASDAQ: NILE) are higher on the session by 5.79%, trading at $34.47.

Overall put volume is now running at 7.81x the daily average, with 87% of all puts traded being purchases on the offer. 1,250 contracts have traded on the session so far.

Blue Nile, Inc. is an online retailer of diamonds and fine jewelry. It has three wholly owned subsidiaries: Blue Nile, LLC, Blue Nile Worldwide, Inc. and Blue Nile Jewellery, Ltd.