Notable Put Options Activity in ViroPharma

Shares of ViroPharma

are higher on the session by 0.95%, currently trading at $32.00. 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 April 2012 $30.00 put, which has traded 2,014 times on open interest of 6 contracts. Put volume is outpacing call volume by 10 to 1. ViroPharma Incorporated is a global biotechnology company focused on the development and commercialization of products that address diseases, with a focus on products used by physician specialists or in hospital settings.