Notable Put Options Activity in The Interpublic Group of Companies

Shares of The Interpublic Group of Companies IPG are higher on the session by 4.57%, currently trading at $10.17. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2012 $10.00 put, which has traded 1,100 times on open interest of 3,560 contracts. The Jan2012 $9.00 put also traded 1,000 times on 1,271 contracts. Put volume is outpacing call volume by 2 to 1. The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. Its companies specialize in consumer advertising, digital marketing, media planning and buying, public relations and specialized communications disciplines.