Notable Put Options Activity in R.R. Donnelley & Sons

Shares of R.R. Donnelley & Sons

are lower on the session by 14.05%, currently trading at $12.38. 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 2013 $12.50 put, which has traded 2,200 times on open interest of 1,874 contracts. Put volume is outpacing call volume by 7 to 1. R.R. Donnelley & Sons Company is a global provider of integrated communications. The company operates primarily in the commercial print portion of the printing industry, with related product and service offerings designed to offer customers complete solutions for communicating their messages to target audiences.