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Investors Purchase High Volume of Put Options on The Western Union (NYSE:WU)

Investors Purchase High Volume of Put Options on The Western Union (NYSE:WU)

The Western Union Company (NYSE:WU) saw unusually large options trading activity on Monday. Investors bought 5,552 put options on the company. This represents an increase of approximately 6,671% compared to the average daily volume of 82 put options. A number of brokerages have recently issued reports on WU. Smith Barney Citigroup upgraded shares of The Western Union from a “sell” rating to...

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Citigroup Inc Morgan Stanley NYSE Smith Barney Citigroup The Western Union WU