Options Brief: CIT Group Inc. (CIT)

Shares of CIT Group Inc. CIT are lower on the session by 0.44%, trading at $48.03. Overall put volume is now running at 6.28x the daily average, with 61% of all puts traded being purchases on the offer. 3,125 contracts have traded on the session so far. CIT Group Inc. is a bank holding company, which provides commercial financing and leasing products, and management advisory services to clients in a variety of industries. CIT bank is its primary bank subsidiary.