Options Brief: Zale Corporation (ZLC)

Shares of Zale Corporation ZLC are higher on the session by 2.43%, trading at $4.22. Overall put volume is now running at 2.75x the daily average, with 18% of all puts traded being purchases on the offer. 1,131 contracts have traded on the session so far. Zale Corporation operates as a specialty retailer of fine jewelry. The company operates through three segments: Fine Jewelry, Kiosk Jewelry, and All Other.