Notable Put Options Activity in Life Technologies

Shares of Life Technologies LIFE are higher on the session by 3.65%, currently trading at $42.49. The stock has been moving largely higher over the past seven weeks 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 $35.00 put, which has traded 2,400 times on open interest of 4,480 contracts. Put volume is outpacing call volume today. Life Technologies Corporation is a global life sciences company. Life Technologies delivers a range of products and services, including systems, instruments, reagents, software, and custom services.