Options Brief: China Unicom (CHU)

Shares of China Unicom CHU are higher on the session by 2.46%, trading at $14.58. Overall put volume is now running at 8.28x the daily average, with 96% of all puts traded being purchases on the offer. 1,143 contracts have traded on the session so far. China Unicom Limited is an integrated telecommunications operator in China providing mobile voice and value-added, fixed-line voice and value-added, fixed-line broadband, data communications and other telecommunications services to its customers through two business segments comprised of mobile services and fixed-line services.