Puts Purchased on Celera Corporation (CRA)

Shares of Celera Corporation (NASDAQ: CRA) are lower on the session by 0.22%, currently trading at $67.67. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages.

Options traders are buying puts on the name today. A short while ago the May 2011 $7.50 put was purchased 2,000 times, on the offer, for $0.10 on open interest of 50 contracts.

Overall put volume is now running at 8.20x the daily average with 100% of all puts traded being purchases on the offer.

Celera Corporation is a healthcare business focusing on the integration of genetic testing into routine clinical care through a combination of products and services.