Notable Put Options Activity in Kite Realty Group

Shares of Kite Realty Group

are lower on the session by 3.19%, currently trading at $3.95. The stock has been moving largely lower over the past three weeks and is currently testing the 50-day moving average. Options traders are focusing on puts today. A short while ago the May 2012 $2.50 put traded 2,100 times on open interest of 5,899 contracts. Put volume is outpacing call volume by 2,000 to 1. Kite Realty Group Trust is a vertically integrated real estate investment trust engaged in the ownership, operation, management, leasing, acquisition, construction, expansion and development and redevelopment of neighborhood and community shopping centers and certain commercial real estate properties in selected markets in the United States.