Puts Purchased on Ebix, Inc.

Shares of Ebix, Inc. EBIX are higher on the session by 1.92%, currently trading at $19.67. 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 June 2011 $20.00 put was purchased 700 times, on the offer, on open interest of 1,584 contracts. Overall put volume is now running at 2.47x the daily average with 97% of all puts traded being purchases on the offer. Ebix, Inc. is an international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: OptionsApplication SoftwareInformation Technology
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!