Notable Put Options Activity in DreamWorks Animation

Shares of DreamWorks Animation DWA are higher on the session by 0.89%, currently trading at $19.33. 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 $20 put traded 1,000 times on open interest of 137 contracts. Put volume is outpacing call volume by 1,000 to 1. DreamWorks Animation SKG, Inc. is engaged in the development, production and exploitation of animated films and characters in the worldwide theatrical, home entertainment, television, merchandising, and licensing and other markets.