Options Brief: Reynolds American Inc. (RAI)

Shares of Reynolds American Inc. RAI are higher on the session by 2.37%, trading at $33.63.

Overall put volume is now running at 2.13x the daily average, with 5% of all puts traded being purchases on the offer. 3,800 contracts have traded on the session so far.

Reynolds American Inc. is a holding company. The company's wholly owned subsidiaries include R. J. Reynolds Tobacco Company, Santa Fe Natural Tobacco Company, Inc., Lane, Limited, Conwood Holdings Inc., and American Snuff Company, LLC and Rosswil LLC, collectively referred to as the Conwood companies.