Notable Put Options Activity in Becton, Dickinson and Company

Shares of Becton, Dickinson and Company

are lower on the session by 0.68%, currently trading at $76.32. 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 March 2012 $75.00 put, which has traded 2,000 times on open interest of 565 contracts. Put volume is outpacing call volume by 49 to 1. Becton, Dickinson and Company is a global medical technology company engaged in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.