Notable Put Options Activity in Franklin Resources

Shares of Franklin Resources

are higher on the session by 0.89%, currently trading at $121.00. The stock has been moving largely higher over the past two 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 $110.00 put, which has traded 1,325 times on open interest of 3,376 contracts. Put volume is outpacing call volume by 11 to 1. Franklin Resources, Inc. is a holding company. Franklin together with its various subsidiaries, is referred to as Franklin Templeton Investments, is a global investment management organization offering investment choices under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names.