Notable Put Options Activity in Health Management Associates
Shares of Health Management Associates (NYSE: HMA) are lower on the session by 1.71%, currently trading at $6.89. The stock has been moving largely higher over the past six weeks and is currently testing the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the February 2012 $18.00 put, which has traded 1,770 times on open interest of 33 contracts.
Put volume is outpacing call volume by 7 to 1.
Health Management Associates, Inc., through its subsidiaries, operates general acute care hospitals in non-urban communities. As of December 31, 2010, the company operated 59 hospitals with a total of 8,864 beds in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Missouri, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Washington and West Virginia.
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