Puts Purchased on Ventas, Inc. (VTR)

Shares of Ventas, Inc. VTR are lower on the session by 0.50%, currently trading at $51.29. The stock has been moving largely higher over the past six months; it is currently testing the 50-day moving average. Options traders are picking up some protection today. A short while ago the October $50.00 put was purchased 1,600 times, on the offer, on open interest of 4,355 contracts. Put volume is now running at 3.5x the daily average, 87% on the offer. Ventas, Inc. is a real estate investment trust with a portfolio of seniors housing and healthcare properties in the United States and Canada. The company conducts substantially all of its business through its wholly owned subsidiaries, Ventas Realty, Limited Partnership, PSLT OP, L.P. and Ventas SSL, Inc. Its primary business consists of acquiring, financing and owning seniors housing, and healthcare properties and leasing those properties to third parties or operating those properties through independent third party managers. For more great research like this, as well as how to play it through options…please visit Benzinga's Options & Volatility Edge and Benzinga's Cash Generator.