Options Brief: US Airways Group (LCC)

Shares of US Airways Group LCC are lower on the session by 6.62%, trading at $8.04. Overall put volume is now running at 4.90x the daily average, with 45% of all puts traded being purchases on the offer. 20,502 contracts have traded on the session so far. US Airways Group, Inc. is a holding company whose business activity is the operation of network air carrier through its wholly owned subsidiaries US Airways, Inc., Piedmont Airlines, Inc., PSA Airlines, Inc., Material Services Company, Inc. and Airways Assurance Limited