Options Brief: MGIC Investment Corporation

Shares of MGIC Investment Corporation MTG are lower on the session by 12.10%, trading at $6.39. Overall put volume is now running at 6.12x the daily average, with 71% of all puts traded being purchases on the offer. 11,188 contracts have traded on the session so far. MGIC Investment Corporation is a holding company. Through its wholly owned subsidiaries, the company provides private mortgage insurance in the United States.