Notable Put Options Activity in Lexmark International

Shares of Lexmark International LXK are higher on the session by 0.22%, currently trading at $31.47. 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. A short while ago the October 2011 $30.00 put traded 3,600 times on open interest of 896 contracts. Put volume is dominating call volume 8 to 1. Lexmark International, Inc., is engaged in developing, manufacturing and supplying printing and, imaging, document workflow, and content management solutions for the office.