Notable Put Options Activity in B&G Foods

Shares of B&G Foods BGS are higher on the session by 3.11%, currently trading at $23.51. 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 May 2012 $17.50 put, which has traded 1,000 times on open interest of 1,552 contracts. Put volume is outpacing call volume by 4 to 1. B&G Foods, Inc. manufactures, sells and distributes a diverse portfolio of branded shelf-stable food products.