Notable Put Options Activity in Williams-Sonoma
Shares of Williams-Sonoma (NYSE: WSM) are lower on the session by 2.00%, currently trading at $37.28. The stock has been moving largely lower over the past three 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 March 2012 $39.00 put, which has traded 5,045 times on open interest of 245 contracts. The Mar2012 $41.00 put also traded 5,000 times on 5,000 contracts.
Put volume is outpacing call volume by 6 to 1.
Williams-Sonoma, Inc. is a specialty retailer of products for the home. The company has two segments: direct-to-customer and retail.
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