Notable Put Options Activity in Hanwha SolarOne

Shares of Hanwha SolarOne HSOL are higher on the session by 0.38%, currently trading at $3.15. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the December 2011 $3.00 put traded 1,000 times on open interest of 503 contracts. Put volume is outpacing call volume 1,000 to 1. Hanwha SolarOne Co., Ltd., formerly Solarfun Power Holdings Co., Ltd., is a manufacturer of silicon ingots, photovoltaic cells and PV modules. It also provides PV cell processing services and PV module processing services.