Shares of China Unicom Limited CHU are higher on the session by 2.28%, currently trading at $21.51. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages.
Options traders are buying puts on the name today. A short while ago the June 2011 $21.00 put was purchased 1,500 times, on the offer, on open interest of 0 contracts.
Overall put volume is now running at 3.19x the daily average with 100% of all puts traded being purchases on the offer.
China Unicom Limited is an integrated telecommunications operator in China providing mobile voice and value-added, fixed-line voice and value-added, fixed-line broadband, data communications and other telecommunications services to its customers through two business segments comprised of mobile services and fixed-line services.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in