Options Brief: Cosan Limited (CZZ)

Shares of Cosan Limited CZZ are lower on the session by 3.14%, trading at $12.65. Overall put volume is now running at 14.44x the daily average, with 60% of all puts traded being purchases on the offer. 1,718 contracts have traded on the session so far. Cosan Limited is a holding company. The company is engaged in the production of ethanol and sugar, the marketing and distribution of fuel and lubricants in Brazil, and logistics services in the state of Sao Paulo, Brazil.