Notable Put Options Activity in United Online

Shares of United Online UNTD are higher on the session by 2.33%, currently trading at $5.70. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the November 2011 $7.50 put traded 630 times on open interest of 2,153 contracts. Put volume is dominating call volume 15 to 1. United Online, Inc. is a provider of consumer products and services over the Internet through a number of brands including FTD, Interflora, Memory Lane, Classmates, StayFriends, NetZero and MyPoints.