Notable Put Options Activity in Cheniere Energy

Shares of Cheniere Energy (AMEX: LNG) are higher on the session by 0.24%, currently trading at $8.33. 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 March 2012 $5.00 put, which has traded 5,000 times on open interest of 913 contracts.

Put volume is outpacing call volume by 8 to 1.

Cheniere Energy, Inc. is an energy company primarily engaged in liquefied natural gas LNG-related businesses. The company owns and operates the Sabine Pass LNG terminal in Louisiana through its 90.6% ownership interest in and management agreements with Cheniere Energy Partners, L.P.