Notable Put Options Activity in Dean Foods

Shares of Dean Foods (NYSE: DF) are lower on the session by 0.37%, currently trading at $10.66. 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 January 2013 $5.00 put, which has traded 1,000 times on open interest of 18,706 contracts. The $5.00 puts were purchased at $0.30.

Put volume is outpacing call volume by 3 to 1.

Dean Foods Company is a food and beverage company. It operates through two segments: Fresh Dairy Direct-Morningstar and WhiteWave-Alpro.