Shares of MPG Office Trust, Inc. VOD are lower on the session by 0.66%, currently trading at $3.03. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average.
Options traders are buying puts on the name today. A short while ago the July 2011 $2.50 put was purchased 1,500 times, on the offer, for $0.25 on open interest of only 165 contracts.
Overall put volume is now running at 45.45x the daily average with 65% of all puts traded being purchases on the offer.
MPG Office Trust, Inc., formerly Maguire Properties, Inc. is a full service real estate company with knowledge in in-house expertise and resources in property management, marketing, leasing, acquisitions, development and financing.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Short IdeasTechnicalsOptionsTrading IdeasTelecommunication ServicesWireless Telecommunication Services
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