Notable Put Options Activity on InfoSpace

Shares of InfoSpace

are higher on the session by 2.02%, trading at $11.66. 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 February 2012 $10.00 put, which has traded 1,700 times on open interest of 20 contracts. The majority of the action stems from a 1,000 contract block, purchased for $0.20. Put volume is outpacing call volume by 3 to 1. InfoSpace, Inc. develops search tools and technologies that assist consumers with finding information, merchants, individuals, products, and other content on the Internet. It operates in two segments, Core and E-Commerce.