CTAS – Cintas Corp. – The provider of specialized support services for businesses throughout North America appeared on our ‘hot by options volume’ market scanner in the first half of the trading session after one investor initiated a bullish stance on the stock. Cintas’ shares are currently trading slightly lower by 0.08% to $24.99 as of 12:30 pm (ET). The optimistic options player sold short at least 12,000 puts at the July $22.5 strike to pocket an average premium of $0.20 per contract. The full premium is safe in the investor’s wallet as long as Cintas’ share price remains greater than $22.50 through July expiration day. The trader is apparently willing to have shares of the underlying stock put to him at an effective price of $22.30 each should the puts land in-the-money at expiration. But, Cintas’ shares would need to fall more than 10.75% from the current price of $24.99 before the put seller starts to incur losses beneath a share price of $22.30.