Notable Put Options Activity in Entergy

Shares of Entergy

are lower on the session by 0.85%, currently trading at $68.45. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the February 2012 $67.50 put, which has traded 1,150 times on open interest of 531 contracts. Put volume is outpacing call volume by 4 to 1. Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail electric distribution operations.