Notable Put Options Activity in The Medicines Company

Shares of The Medicines Company MDCO are lower on the session by 0.44%, currently trading at $18.17. The stock has been moving largely lower over the past three weeks 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 $18.00 put, which has traded 2,900 times on open interest of 67 contracts. Put volume is outpacing call volume by 64 to 1. The Medicines Company is a global pharmaceutical company focused on advancing the treatment of critical care patients through the delivery of medicines to the global hospital marketplace.