Notable Put Options Activity in Dynegy

Shares of Dynegy

are higher on the session by 0.83%, currently trading at $4.84. 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 December 2011 $5.00 put traded 1,500 times on open interest of 1,898 contracts. Put volume is outpacing call volume by 11 to 1. Dynegy Inc. is a holding company and conducts the business operations through its subsidiaries. Dynegy's primary business is the production and sale of electric energy, capacity and ancillary services from the fleet of 17 operating power plants in six states totaling approximately 11,800 megawatts of generating capacity.