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NEW YORK (AVAFIN) -- Unsual volume of put contracts traded on the exchange
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Outlet. Put's outpaced call contracts in a 4.0 to one ratio. The
average ten day put volume is 6,555. However, todays's activities yielded 28,049
put contracts. Investors use options to manage risk and to speculate on price
changes. Options can provide significant leverage if the stock moves in the
right direction but aslo end up worthless if it doesn't. KORS is trading above
the 50 day moving average and higher than the 200 day moving average. Shares of
Michael Kors Holdings closed at $61.19, up $0.67 (+1.11%) in the last trading
session. Today's volume of 6M shares is greater than the average volume of 5M
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