Notable Put Options Activity in Best Buy
Shares of Best Buy (NYSE: BBY) are higher on the session by 2.75%, currently trading at $24.68. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. A short while ago the September 2011 $20 put traded 16,000 times on open interest of 1,737 contracts.
Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment products, appliances and related services.
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Posted-In: Options
