Notable Put Options Activity in Terex

Shares of Terex

are higher on the session by 5.82%, currently trading at $23.17. 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 $25.00 put, which has traded 3,000 times on open interest of 3,458 contracts. TheApr2012 $22 and $21 puts are also active. Put volume is outpacing call volume by 4 to 1. Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products. Terex is focused on delivering customer-driven solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries.