Notable Put Options Activity in Williams Partners
Shares of Williams Partners (NYSE: WPZ) are higher on the session by 0.93%, currently trading at $59.84. 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 $55.00 put, which has traded 1,000 times on open interest of 2,437 contracts.
Put volume is outpacing call volume by 13 to 1.
Williams Partners L.P. is a diversified master limited partnership formed by The Williams Companies, Inc. Williams is an integrated natural gas company focused on exploration and production, midstream gathering and processing, and interstate natural gas transportation primarily in the Rocky Mountains, Gulf Coast, Pacific Northwest, Eastern Seaboard and the Marcellus Shale in Pennsylvania.
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