Notable Put Options Activity in Career Education

Shares of Career Education (NASDAQ: CECO) are higher on the session by 0.14%, currently trading at $8.27. 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 $7.00 put traded 8,800 times on open interest of 5,668 contracts.

Put volume is dominating call volume 187 to 1.

Career Education Corporation, through colleges, schools and universities that are part of the CEC family, offers education to a diverse student population of over 116,000 students in a variety of career-oriented disciplines.