Notable Put Options Activity in URS

Shares of URS URS are higher on the session by 1.66%, currently trading at $43.57. 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 $40.00 put, which has traded 1,000 times on open interest of 1,020 contracts. Put volume is outpacing call volume by 39 to 1. URS Corporation is a provider of engineering, construction and technical services for public agencies and private sector companies around the world.