Notable Put Options Activity in Beazer Homes

Shares of Beazer Homes (NYSE: BZH) are lower on the session by 4.78%, currently trading at $3.19. The stock has been moving largely higher over the past three 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 August 2012 $3.00 put, which has traded 5,390 times on open interest of 1,766 contracts.

Put volume is outpacing call volume by 5 to 1.

Beazer Homes USA, Inc. diversified homebuilder with active operations in 16 states. In the company's homebuilding operations, it designs, sells and builds single-family and multi-family homes.