Options Brief: The Southern Company (SO)

Shares of The Southern Company SO are lower on the session by 0.08%, trading at $38.46. Overall put volume is now running at 3.21x the daily average, with 53% of all puts traded being purchases on the offer. 1,809 contracts have traded on the session so far. The Southern Company owns Alabama Power Company, Georgia Power Company, Gulf Power Company, and Mississippi Power Company, each of which is an operating public utility company.