Corrections Corp. (CXW) options active as shares pullback 6%

August 29, 2016 2:56 PM EDT

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Corrections Corp. (NYSE: CXW) July 17.5 and 20 puts are active on total put volume of 4,700 contracts (4,260 calls) on headlines Department of Homeland Security will review its use of private prisons. September put option implied volatility is at 66, October is at 52; compared to its 52-week range of 21 to 98.



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