Puts Purchased on Hornbeck Offshore Services, Inc. (HOS)

Shares of Hornbeck Offshore Services, Inc. HOS are higher on the session by 0.26%, currently trading at $22.88. The stock has been moving largely higher for the past five months and is trending higher above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the November $22.00 put was purchased 1,100 times, on the offer, on no prior open interest. This signals new positioning on the name. Overall put volume is now running at 40.34x the daily average with 91% of all puts traded being purchases on the offer. Hornbeck Offshore Services, Inc. through its subsidiaries, operates offshore supply vessels, multi-purpose support vessels, and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, and select international markets.