Notable Put Options Activity in ConAgra Foods

Shares of ConAgra Foods (NYSE: CAG) are lower on the session by 0.42%, currently trading at $26.30. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average.

Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2013 $23.00 put, which has traded 900 times on open interest of 1,465 contracts.

Put volume is outpacing call volume by 24 to 1.

ConAgra Foods, Inc. is a food company. The company operates in two segments: Consumer Foods and Commercial Foods.

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