Options Brief: Noranda Aluminum

Corporation （NYSE: NOR） are higher on the session by 4.16%, trading at $12.02.

Overall put volume is now running at 667.50x the daily average, with 14% of all puts traded being purchases on the offer. 1,335 contracts have traded on the session so far.

Noranda Aluminum Holding Corporation is a North American integrated producer of aluminum products and rolled aluminum coils. The company has two businesses: its metals, or upstream business, and its rolled products, or downstream business.