Notable Put Options Activity in Marriott International

Shares of Marriott International

are higher on the session by 0.47%, currently trading at $36.32. The stock has been moving largely higher over the past two 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 July 2012 $41.00 put, which has traded 4,900 times on open interest of 96 contracts. Put volume is outpacing call volume by 83 to 1. Marriott International, Inc. is a global operator and franchisor of hotels and related lodging facilities. The company develops, operates, and franchises hotels and corporate housing properties under separate brand names, and it develops, operates, and market timeshares, fractional ownerships, and residential properties under four separate brand names.