Notable Put Options Activity in Warner Chilcott
Shares of Warner Chilcott (NASDAQ: WCRX) are lower on the session by 2.41%, currently trading at $14.97. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the December 2011 $15.00 put, which has traded 1,900 times on open interest of 1,325 contracts.
Put volume is outpacing call volume by 4 to 1.
Warner Chilcott plc. is a specialty pharmaceutical company focused on the women's healthcare, gastroenterology, dermatology and urology segments of the North American and Western European pharmaceuticals markets.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.