Options Brief: KKR Financial Holdings (KFN)

Shares of KKR Financial Holdings KFN are higher on the session by 2.24%, trading at $10.48. Overall put volume is now running at 17.25x the daily average, with 55% of all puts traded being purchases on the offer. 11,715 contracts have traded on the session so far. KKR Financial Holdings LLC is a specialty finance company with focus in a range of asset classes. The company invests in financial assets consisting primarily of below investment grade corporate debt, including senior secured and unsecured loans, mezzanine loans, high yield corporate bonds, distressed and stressed debt securities, marketable and non-marketable equity securities and credit default and total rate of return swaps.