Put Volume Grows in Host Hotels (HST)

Shares of Host Hotels & Resorts Inc. HST are trading lower on the session, currently off by 1.07% to $14.73. The stock has had trouble around the $16 level and is now struggling to hold the 50-day moving average as well. Options action in the name suggests a move lower. The May $15 put has traded over 1,200 times and the June $17.50 has traded 1,000 times for $2.55. The put/call ratio is running at 44.14x the daily norm. Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust (REIT). The Company owns properties and conducts operations, through Host Hotels & Resorts, L.P.