Options Brief: American Tower Corporation (AMT)

Shares of American Tower Corporation AMT are higher on the session by 1.11%, trading at $53.65. Overall put volume is now running at 10.21x the daily average, with 18% of all puts traded being purchases on the offer. 8,381 contracts have traded on the session so far. American Tower Corporation is a holding company. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers and radio and television broadcast companies.