Notable Put Options Activity in Computer Sciences

Shares of Computer Sciences

are lower on the session by 1.87%, currently trading at $23.85. 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. The strike seeing the heaviest action is the June 2012 $20.00 put, which has traded 5,100 times on open interest of 453 contracts. Put volume is outpacing call volume today. Computer Sciences Corporation is engaged in the information technology and professional services industry. CSC offers an array of services to clients in the commercial and government markets and specializes in applying contemporary practices towards the employment of IT in order to achieve the strategic objectives of its customers.