Notable Put Options Activity in Baxter International

Shares of Baxter International

are lower on the session by 1.38%, currently trading at $50.65. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the December 2011 $50.00 put, which has traded 4,500 times on open interest of 1,968 contracts. Put volume is outpacing call volume by 6 to 1. Baxter International Inc. is a global, diversified healthcare company. The company, through its subsidiaries, develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions.