Puts Purchased on Intercontinental Exchange (ICE)

Shares of Intercontinental Exchange ICE are higher on the session by 1.23%, currently trading at $119.00. The stock has been moving largely higher over the past four 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 December $115.00 put was purchased 1,500 times, on the offer, on open interest of 2,907 contracts. Overall put volume is now running at 214x the daily average with 90% of all puts traded being purchases on the offer. Intercontinental Exchange, Inc. is an operator of regulated futures exchange and over-the-counter markets and derivatives clearing houses. ICE operates electronic futures and OTC marketplaces for trading an array of energy and agricultural commodities, credit default swaps, currencies and equity index products.