Notable Put Options Activity in Cloud Peak Energy

Shares of Cloud Peak Energy CLD are lower on the session by 2.89%, currently trading at $19.52. The stock has been moving largely lower over the past three months 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 $20.00 put, which has traded 3,300 times on open interest of 3,210 contracts. Put volume is outpacing call volume by 54 to 1. Cloud Peak Energy Inc. is a producer of coal in the Powder River Basin. The company's operations include three wholly owned surface coal mines, two of which, the Antelope mine and the Cordero Rojo mine, are in Wyoming and one of which, the Spring Creek mine, is in Montana.