Notable Put Options Activity in Career Education Corporation

Shares of Career Education Corporation

are lower on the session by 1.83%, currently trading at $8.05. The stock has been moving largely lower over the past two 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 April 2012 $7 put, which has traded 3,900 times on open interest of 3,472 contracts. Put volume is outpacing call volume by 89 to 1. Career Education Corporation, through colleges, schools and universities that are part of the CEC family, offers education to a diverse student population of over 116,000 students in a variety of career-oriented disciplines.