Stocks quoted in this article:
A pair of puts on the Dow Jones Industrial Average Index (DJX - 110.98) have seen notable volume in today's trading. The DJX is an index that trades at 1/100 of the value of the Dow Jones Industrial Average (INDU - 11,099.5). The put option activity on the DJX is noteworthy due to its size as these options usually trade very lightly. With the blue-chip barometer down approximately 100 points at its lowest point this morning, the August 111 put and September 110 put have been active. The two options have traded 3,485 contracts and 2,518 contracts, respectively. By contrast, the most-active DJX call option, the August 110 strike, has only witnessed 1,930 contracts of volume.