Notable Put Options Activity in CIGNA

Shares of CIGNA

are lower on the session by 1.83%, currently trading at $43.43. 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 November 2011 $44.00 put traded 5,300 times on open interest of 5,523 contracts. Put volume is outpacing call volume by 9 to 1. CIGNA Corporation is a holding company. CIGNA is a global health service organization with subsidiaries that are providers of medical, dental, disability, life and accident insurance and related products and services.