Notable Put Options Activity in HCP

Shares of HCP (NYSE: HCP) are higher on the session by 1.36%, currently trading at $40.95. The stock has been moving largely higher over the past two 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 April 2012 $40.00 put, which has traded 1,300 times on open interest of 1,511 contracts.

Put volume is outpacing call volume by 17 to 1.

HCP, Inc. is a real estate investment trust. The company invests primarily in real estate serving the healthcare industry in the United States.

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