Options Brief: Reliance Steel & Aluminum Co. (RS)

Shares of Reliance Steel & Aluminum Co. RS are higher on the session by 1.19%, trading at $60.15. Overall put volume is now running at 27.90x the daily average, with 70% of all puts traded being purchases on the offer. 2,790 contracts have traded on the session so far. Reliance Steel & Aluminum Co. is a metals service center company. The company's network of metals service centers operates more than 200 locations in 38 states, Belgium, Canada, China, Mexico, Singapore, South Korea and the United Kingdom.