Options Brief: Steel Dynamics

Shares of Steel Dynamics STLD are lower on the session by 0.98%, trading at $15.66. Overall put volume is now running at 6.94x the daily average, with 0% of all puts traded being purchases on the offer. 1,950 contracts have traded on the session so far. Steel Dynamics, Inc. is a steel producer and metals recycler in the United States. The primary sources of the company's revenues are from the manufacture and sale of steel products; processing and sale of recycled ferrous and nonferrous metals, and to a lesser degree, fabrication and sale of steel joist and decking products.