Notable Put Options Activity on CEMEX

Shares of CEMEX (NYSE: CX) are lower on the session by 0.75%, trading at $5.29. 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 $4.00 put, which has traded 3,200 times on open interest of 17,863 contracts.

Put volume is outpacing call volume by 8 to 1.

CEMEX SAB de CV is a Mexico-based holding company principally engaged in the cement manufacturing. The company produces, distributes and sells cement, ready-mix concrete, aggregates and related building materials in more than 50 countries worldwide.