Options Brief: The Goodyear Tire & Rubber Company (GT)

Shares of The Goodyear Tire & Rubber Company GT are lower on the session by 5.44%, trading at $14.61. Overall put volume is now running at 3.61x the daily average, wit 63% of all puts traded being purchases on the offer. 5,552 contracts have traded on the session so far. The Goodyear Tire & Rubber Company is a manufacturer of tires. The company, along with its subsidiaries, is principally engaged in the development, manufacture, distribution and sale of tires and related products and services worldwide. Goodyear also manufactures and markets rubber-related chemicals for range of applications.