Notable Put Options Activity in Harvest Natural Resources

Shares of Harvest Natural Resources (NYSE: HNR) are higher on the session by 5.75%, currently trading at $9.56. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.

Options traders are focusing on puts today. A short while ago the November 2011 $10.00 put traded 3,150 times on open interest of 3,415 contracts.

Put volume is outpacing call volume by 150 to 1.

Harvest Natural Resources, Inc. is a petroleum exploration and production company. The company focuses on acquiring exploration, development and producing properties in geological basins with proven active hydrocarbon systems.