Notable Put Options Activity in H. J. Heinz

Shares of H. J. Heinz HNZ are higher on the session by 0.90%, currently trading at $51.43. The stock has been moving largely lower over the past three months and is currently testing the 50-day moving average. Options traders are focusing on puts today. A short while ago the October 2011 $50.00 put traded 1,200 times on open interest of 2,522 contracts. Put volume is dominating call volume 13 to 1. H. J. Heinz Company together with its subsidiaries is engaged in manufacturing and marketing a range of food products throughout the world. The company's principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products.