Options Brief: Alon USA Energy (ALJ)

Shares of Alon USA Energy ALJ are higher on the session by 1.50%, trading at $14.89. Overall put volume is now running at 6.65x the daily average, with 12% of all puts traded being purchases on the offer. 1,211 contracts have traded on the session so far. Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products operating primarily in the South Central, Southwestern and Western regions of the United States. The company's crude oil refineries are located in Texas, California, Oregon and Louisiana and have a combined throughput capacity of approximately 250,000 barrels per day (bpd).