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Shares of Hartford Financial Services
HIG are higher on the session by 0.56%, currently trading at $17.99. The stock has been moving largely higher over the past five weeks 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 March 2012 $16 put, which has traded 4,300 times on open interest of 5,655 contracts. Large lots are active in Feb2012 as well.
Put volume is outpacing call volume by 6 to 1.
The Hartford Financial Services Group, Inc. is an insurance and financial services company.
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