Notable Put Options Activity in Emerson Electric

Shares of Emerson Electric EMR are higher on the session by 1.22%, currently trading at $45.55. 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 September 2011 $44.00 put traded 5,000 times on open interest of 1,200 contracts. Put volume is outpacing call volume 7 to 1. Emerson Electric Co. is a diversified global technology company. It is engaged in designing and supplying product technology and delivering engineering services and solutions in a range of industrial, commercial and consumer markets around the world.