Notable Put Options Activity in IAC/InterActiveCorp.

Shares of IAC/InterActiveCorp. (NASDAQ: IACI) are higher on the session by 0.24%, currently trading at $41.75. 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 February 2012 $40.00 put, which has traded 1,100 times on open interest of 2,060 contracts.

Put volume is outpacing call volume by 50 to 1.

IAC/InterActiveCorp. is an Internet company with more than 50 brands serving consumer audiences across more than 30 countries. The company operates in four business segments: Search, Match, ServiceMagic, and Media and Other Businesses.