Notable Put Options Activity in FMC Technologies

Shares of FMC Technologies FTI are higher on the session by 0.69%, currently trading at $49.75. The stock has been moving largely higher over the past three 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 January 2012 $45.00 put, which has traded 2,200 times on open interest of 224 contracts. Put volume is outpacing call volume today. FMC Technologies, Inc. is a global provider of technology solutions for the energy industry. The company designs, manufactures and services systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.