Notable Put Options Activity in Ship Finance International

Shares of Ship Finance International

are lower on the session by 17.52%, currently trading at $11.39. 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 $10.00 put traded 1,000 times on open interest of 0 contracts. Large lots are active in May2012 as well. Put volume is outpacing call volume by 7 to 1. Ship Finance International Limited is engaged in the ownership and operation of vessels and offshore related assets. It is also involved in the charter, purchase and sale of assets.