Notable Put Options Activity in Vulcan Materials

Shares of Vulcan Materials (NYSE: VMC) are higher on the session by 1.12%, currently trading at $44.35. 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 February 2012 $44.00 put, which has traded 2,380 times on open interest of 1,079 contracts.

Put volume is outpacing call volume by 12 to 1.

Vulcan Materials Company is a producer of construction aggregates, primarily crushed stone, sand, and gravel. Vulcan has 319 aggregates facilities.