Notable Put Options Activity in CIGNA
Shares of CIGNA (NYSE: CI) are lower on the session by 1.83%, currently trading at $43.43. 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 $44.00 put traded 5,300 times on open interest of 5,523 contracts.
Put volume is outpacing call volume by 9 to 1.
CIGNA Corporation is a holding company. CIGNA is a global health service organization with subsidiaries that are providers of medical, dental, disability, life and accident insurance and related products and services.
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