Options Traders Unwilling to Bet What Happens to STRA

Shares of Strayer Education, Inc. STRA are crashing lower today, currently off by 10.61%, trading at $142.15. The stock continues to slide, coming of from a recent high near $250.00. The stock continue to see pressure after U.S. Department of Education showed students are paying back loans at surprisingly low rates. Hedge fund managers are also increasing their shorts in this space (and on Strayer specifically) recently. Options traders are unwilling to run out and call for further downside…or a rally. Currently, 1,000 puts have traded versus 752 puts. Adding to the uncertainty is the wide ranges that both call buyers and put buyers are operating in. Call strikes as high as $180, $195, and $200 were bought today and put strikes as low as $100, $95, and $90 have been purchased as well. Strayer Education, Inc. is a post-secondary education services corporation. The Company offers a range of academic programs through its wholly owned subsidiary Strayer University, Inc., both in classroom courses and online via the Internet.