Options Brief: The Timberland Company (TBL)

Shares of The Timberland Company TBL are lower on the session by 2.64%, trading at $41.71. Overall put volume is now running at 20.65x the daily average, with 70% of all puts traded being purchases on the offer. 1,280 contracts have traded on the session so far. The Timberland Company designs, develops and markets footwear, apparel and accessories products for men, women and children. Timberland offers its products under the Timberland, Timberland PRO, Timberland Boot Company, SmartWool and Howies brands. Timberland products fall into two primary categories: footwear, and apparel and accessories.