Notable Put Options Activity in China Life Insurance

Shares of China Life Insurance

are higher on the session by 0.15%, currently trading at $38.92. The stock has been moving largely lower over the past three 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 May 2012 $50.00 put, which has traded 2,100 times on open interest of 0 contracts. The Apr2012 $50.00 also traded 2,000 times on 225 contracts. Put volume is outpacing call volume by 6 to 1. China Life Insurance Company Limited is an insurance company.