Notable Put Options Activity on JA Solar Holdings

Shares of JA Solar Holdings JASO are lower on the session by 0.74%, trading at $1.34. The stock has been moving largely lower over the past three 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 June 2012 $1.00 put, which has traded 2,100 times on open interest of 0 contracts. Put volume is outpacing call volume by 2,000 to 1. JA Solar Holdings Co., Ltd., through its subsidiaries, engages in the design, development, manufacture, and sale of photovoltaic solar cells and solar products, which convert sunlight into electricity in the People's Republic of China.