Notable Put Options Activity in Coeur d'Alene Mines

Shares of Coeur d'Alene Mines

are lower on the session by 3.33%, currently trading at $28.47. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the December 2011 $23.00 put traded 2,400 times on open interest of 2,664 contracts. The Dec2011 $22.00 and $20.00 puts are also active. Put volume is outpacing call volume by 4 to 1. Coeur d'Alene Mines Corporation is a primary silver producer with gold production and has assets located in the United States, Mexico, Bolivia, Argentina and Australia. Coeur through its subsidiaries, is engaged in the operation and ownership, development and exploration of silver and gold mining properties and companies.