Notable Put Options Activity in Cablevision Systems

Shares of Cablevision Systems

are lower on the session by 3.56%, currently trading at $14.23. The stock has been moving largely lower over the past few days 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 April 2012 $14 put, which has traded 1,530 times on open interest of 2,539 contracts. The Apr2012 $15 put also traded 1,000 times on 312 contracts. Put volume is outpacing call volume by 5 to 1. Cablevision Systems Corporation, through its subsidiary, CSC Holdings, LLC, is a cable operator in the United States. Cablevision also operates cable programming networks, entertainment businesses, telecommunications companies and a newspaper publishing business.