Notable Put Options Activity in Perfect World

Shares of Perfect World

are lower on the session by 22.00%, currently trading at $9.36. 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 January 2012 $11.00 put, which has traded 2,400 times on open interest of 441 contracts. The Jan2012 $10.00 and $9.00 puts are also active. Put volume is outpacing call volume by 2 to 1. Perfect World Co., Ltd. is an online game developer and operator in People's Republic of China. Perfect World develops online games based on its game engines and game development platforms.