Notable Put Options Activity in United Online

Shares of United Online UNTD are higher on the session by 0.54%, currently trading at $5.63. The stock has been moving largely higher over the past three months, though it is currently testing the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the March 2012 $5.00 put, which has traded 1,000 times on open interest of 2,456 contracts. The block traded at $0.15. Put volume is outpacing call volume by 20 to 1. United Online, Inc. is a provider of consumer products and services over the Internet through a number of brands including FTD, Interflora, Memory Lane, Classmates, StayFriends, NetZero and MyPoints.