Options Brief: The St. Joe Company (JOE)

Shares of The St. Joe Company JOE are higher on the session by 1.19%, trading at $22.11. Overall put volume is now running at 2.14x the daily average, with 30% of all puts traded being purchases on the offer. 4,466 contracts have traded on the session so far. The St. Joe Company is a real estate development company. The company owns approximately 577,000 acres of land concentrated primarily in Northwest Florida. St. Joe is engaged in town and resort development, commercial and industrial development and rural land sales. It also has interests in timber.