Notable Put Options Activity in USG

Shares of USG

are higher on the session by 3.16%, currently trading at $11.75. 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 $11.00 put, which has traded 1,200 times on open interest of 504 contracts. Put volume is outpacing call volume today. USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. USG produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.