Notable Put Options Activity in Domtar

Shares of Domtar (NYSE: UFS) are lower on the session by 4.22%, currently trading at $70.20. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.

Options traders are focusing on puts today. A short while ago the September 2011 $60.00 put traded 824 times on open interest of 70 contracts. The Aug2011 $65.00 put is also active.

Domtar Corporation is an integrated manufacturer and marketer of uncoated freesheet paper in North America. The company is also a manufacturer of paper-grade, fluff and specialty pulp.