Notable Put Options Activity in Archer-Daniels-Midland
Shares of Archer-Daniels-Midland (NYSE: ADM) are lower on the session by 0.84%, currently trading at $29.35. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the March 2012 $23.00 put, which has traded 4,000 times on open interest of 673 contracts.
Put volume is outpacing call volume by 4 to 1.
Archer-Daniels-Midland-Company is engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.
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