Shares of Owens Corning OC are lower on the session by 0.32%, currently trading at $30.80. The stock has been moving largely lower over the past four months in a downward-trending channel.
Options traders are buying puts on the name today. The August $25.00 put was purchased 4,000 times, on the offer, for $0.18 a short while ago; open interest on the strike is 4,662 contracts. Put volume is now running at 3.02x the daily average.
Owens Corning is a producer of glass fiber reinforcements and other materials for composites and of residential and commercial building materials.
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