Notable Put Options Activity in Interpublic Group

Shares of Interpublic Group IPG are lower on the session by 5.82%, currently trading at $7.45. 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 January 2012 $6.00 put traded 4,200 times on open interest of 4,291 contracts. Put volume is outpacing call volume by 5 to 1. The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. Its companies specialize in consumer advertising, digital marketing, media planning and buying, public relations and specialized communications disciplines.