Premium on the put options may continue to climb if shares in CROX extend losses through November expiration.

FORBES: Options Players Speculate On Crocs Rebound, Count On Domino's To Go Flat

Other competitors in the consumer cyclical sector include: Crocs (CROX), Deckers Outdoor Corp (DECK), and Skechers USA (SKX).

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Shoe-maker Crocs (CROX) has long been a market darling, but that changed in a big way after the close yesterday as the company cut its quarterly forecasts.

FORBES: Low-Volume Pullback Suggests Sweet Spot For Stocks

Trucks ferry all types of kicks, from Crocs (nasdaq: CROX - news - people ) to Christian Lacroix stilettos, to and from the UPS hub all day and night.

FORBES: A Step Ahead

Trading in CROX calls appears somewhat mixed.

FORBES: Options Players Speculate On Crocs Rebound, Count On Domino's To Go Flat

Option traders snapped up contracts across the board in Crocs (nasdaq: CROX - news - people ), which ventured into the top 10 most actively traded contracts by volume at the midweek point, with activity concentrated on the put side of the July '07 series at the 40.0 strike, and on the call side at the 45.0 strike.

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