Notable Put Options Activity in Perfect World

Shares of Perfect World PWRD are higher on the session by 0.36%, currently trading at $33.93. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average. Options traders are focusing on puts today. A short while ago the March 2012 $7.00 put traded 1,700 times on open interest of 0 contracts. Put volume is outpacing call volume by 6 to 1. Perfect World Co., Ltd. is an online game developer and operator in People's Republic of China. Perfect World develops online games based on its game engines and game development platforms.