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Looking at the June 15 puts in GGB, more than 6,000 of these options hit the tape by the close Wednesday. Investors sold these puts for around $2.30 per contract with the stock trading around $15. These puts closed up 65 cents with a 48 delta, and are home to akoya pearl jewelry open interest of zero contracts.

Investors who sold these puts are betting the stock will hold higher than $12.70, but keep in mind that they expect the stock to drop or hold, which is why we call this limited bullishness. This represents a drop of 13% from current levels.

GGB shares closed down $1.30 to $14.59, and they have  shell pearl jewelry rallied 200% since their March lows of $4.72. We’re not seeing any news out of the company that could have catalyzed the drop in stock.

GGB has not confirmed its earnings announcement date, but the market expects the report during the first couple of weeks in November. It’s interesting that at least one investor is calling for a slight drop in the stock months after the earnings report.

Put selling like this is also sign of moderate bullishness, because investors are calling a floor in the stock. The investor is willing to pearl necklace cap his gain at $2.30 if the stock remains higher than $12.70, which explains why this trade banks on limited upside and limited downside.

It’s tough being a crude oil inflatable water games  refiner these days. Demand for refined products remains sluggish. Meanwhile, crude — the very stuff refiners buy that gets whirled and processed into gasoline, diesel and other fuels — has only gotten more expensive in recent months. The resulting squeeze has left dwindling margins for refinery operations and little expectation of an immediate recovery.

If you still have no idea what this is about, just go around the corner and check the price at the pump. Gasoline prices have ticked higher in recent days in reaction to freshwater pearl jewelry some shuttering of production in the refiner ranks.

Take Valero Energy(VLO Quote) for example. On Tuesday, the nation’s largest independent refiner reported a bigger-than-forecast 39-cent a share loss in the most recently completed quarter, citing the aforementioned demand sluggishness.

Even European integrated oil major BP(BP Quote), which handily beat the Wall Street earnings consensus and impressed investors on Tuesday, still saw profits slide 54% in its refining segment.

The question, then, is simple. Of a few of the usual suspects — Valero, Sunoco(SUN Quote), Western Refining(WNR Quote), Frontier Oil(FTO Quote) and Tesoro(TSO Quote) — which stand-alone cultured pearl jewelry  refining operation do you think will have the best, or least worst, third quarter?