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Shares of UBS
UBS are lower on the session by 0.09%, currently trading at $11.69. 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 November 2011 $11.00 put traded 1,800 times on open interest of 1,531 contracts.
Put volume is outpacing call volume by 30 to 1.
UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.
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