Notable Put Options Activity in Vulcan Materials

Shares of Vulcan Materials (NYSE: VMC) are higher on the session by 0.47%, currently trading at $45.00. 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 $45.00 put, which has traded 3,100 times on open interest of 106 contracts.

Put volume is outpacing call volume by 11 to 1.

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