Notable Put Options Activity in Athenahealth

Shares of Athenahealth

are lower on the session by 0.85%, currently trading at $53.96. The stock has been moving largely lower over the past three weeks and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the November 2011 $50.00 put traded 1,150 times on open interest of 1,943 contracts. Put volume is dominating call volume 4 to 1. Athenahealth, Inc. is a business services company that provides ongoing billing, clinical-related, and other related services to its customers. The company provides these services with the use of athenaNet, an Internet-based practice management application. athenahealth's customers consist of medical group practices ranging in size throughout the United States of America.