Notable Put Options Activity in St. Jude Medical
Shares of St. Jude Medical (NYSE: STJ) are higher on the session by 1.53%, currently trading at $43.38. 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 April 2012 $45.00 put, which has traded 5,000 times on open interest of 5,127 contracts.
Put volume is outpacing call volume by 6 to 1.
St. Jude Medical, Inc. develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain.
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