Notable Put Options Activity in Kindred Healthcare

Shares of Kindred Healthcare

are lower on the session by 3.51%, currently trading at $12.37. The stock has been moving largely higher over the past six weeks 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 $12.50 put, which has traded 1,500 times on open interest of 432 contracts. Put volume is outpacing call volume by 15 to 1. Kindred Healthcare, Inc. is a healthcare services company that operates hospitals, nursing and rehabilitation centers, assisted living facilities and a contract rehabilitation services business.