Notable Put Options Activity in Dollar Thrifty Automotive Group

Shares of Dollar Thrifty Automotive Group DTG are lower on the session by 2.99%, currently trading at $57.80. 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 October 2011 $55.00 put traded 7,000 times on open interest of 7,510 contracts. The Oct2011 $60.00 put also traded 1,200 times on 2,440 contracts. Put volume is dominating call volume 7 to 1. Dollar Thrifty Automotive Group, Inc. is engaged in the business of the daily rental of vehicles to business and leisure customers through company owned stores.