Notable Put Options Activity in Huntington Bancshares

Shares of Huntington Bancshares HBAN are higher on the session 2.55%, currently trading at $5.23. The stock has been moving largely higher over the two weeks 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 July 2012 $5.00 put, which has traded 2,010 times on open interest of 244 contracts. The Jul2012 $4.00 put also traded 2,000 times on 80 contracts. Large lots are also active in Apr2012. Put volume is outpacing call volume by 10 to 1. Huntington Bancshares Incorporated is a bank holding company. The company provides full-service commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services.