Options Brief: SLM Corporation (SLM)

Shares of SLM Corporation SLM are higher on the session by 1.80%, trading at $15.27. Overall put volume is now running at 2.05x the daily average, with 79% of all puts traded being purchases on the offer. 5,989 contracts have traded on the session so far. SLM Corporation, known as Sallie Mae, is engaged in the business of originating, servicing and collecting student loans and/or their parents to finance the cost of their education.