Options Brief: The Great Atlantic & Pacific Tea Company (GAP)

Shares of The Great Atlantic & Pacific Tea Company GAP are higher on the session by 0.68%, trading at $2.97. Overall put volume is now running at 3.34x the daily average, with 51% of all puts traded being purchases on the offer. 3,347 contracts have traded on the session so far. The Great Atlantic & Pacific Tea Company, Inc. is engaged in the retail food business. The company operated 429 stores averaging approximately 42,200 square feet per store as of February 27, 2010.