Traders are hitting the brakes on Ford.
Shares of the automaker are down nearly 2 percent this week after it reported a decline in February sales, citing harsh winter weather. Ford sales fell 2 percent last month, making it the worst among its peers (General Motors saw a 4 percent increase and Toyota sales soared 13 percent).
The move had the options market heating up with bearish bets. Thursday, Ford traded three times its average daily put volume and was the 10th most active single-stock option.