Options Brief: Life Partners Holdings (LPHI)

Shares of Life Partners Holdings LPHI are lower on the session by 10.10%, trading at $20.64. Overall put volume is now running at 11.85x the daily average, with 67% of all puts traded being purchases on the offer. 1,292 contracts have traded on the session so far. Life Partners Holdings, Inc. is a financial services company and the parent company of Life Partners, Inc. LPI is engaged in the secondary market for life insurance known generally as life settlements. LPI facilitates the sale of life settlements between sellers and purchasers, but does not take possession or control of the policies.