Notable Put Options Activity in Minefinders

Shares of Minefinders

are lower on the session by 1.23%, currently trading at $9.68. The stock has been moving largely lower over the past two 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 January 2012 $14.00 put, which has traded 831 times on open interest of 938 contracts. The Feb2012 $14.00 put also traded 831 times on 68 contracts. The roll was executed for $0.01. Put volume is outpacing call volume by 250 to 1. Minefinders Corporation Ltd. is in the business of exploration for, and development and mining of, precious and base metal properties. Interests in these properties are held directly and indirectly through exploitation and exploration concessions, leases, options and working interests.