Notable Put Options Activity in American Eagle Outfitters

Shares of American Eagle Outfitters

are lower on the session by 0.07%, currently trading at $15.30. 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 $13.00 put, which has traded 4,900 times on open interest of 10,331 contracts. Put volume is outpacing call volume by 6 to 1. American Eagle Outfitters, Inc. is an apparel and accessories retailer that operates more than 1,000 retail stores in the United States and Canada, and online at ae.com.