Options Brief: Zale Corporation (ZLC)

Shares of Zale Corporation ZLC are higher on the session by 4.51%, trading at $4.87. Overall put volume is now running at 4.56x the daily average, with 56% of all puts traded being purchases on the offer. 2,716 contracts have traded on the session so far. Zale Corporation operates as a specialty retailer of fine jewelry. The company operates through three segments: Fine Jewelry, Kiosk Jewelry, and All Other. The Fine Jewelry segment operates under five brands.