Notable Put Options Activity in Celsion

Shares of Celsion

are lower on the session by 5.54%, currently trading at $2.73. 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 $3.00 put traded 2,500 times on open interest of 5,090 contracts. Put volume is outpacing call volume by 5 to 1. Celsion Corporation is an oncology drug development company focused on improving treatment for those suffering with aggressive and difficult to treat forms of cancer.