Notable Put Options Activity in Omnicare
Shares of Omnicare (NYSE: OCR) are lower on the session by 5.44%, currently trading at $33.43. 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 February 2012 $33.00 put, which has traded 6,800 times on open interest of 0 contracts.
Put volume is outpacing call volume by 11 to 1.
Omnicare, Inc. is a pharmaceutical services company. Omnicare operates two business segments: Pharmacy Services and contract research organization services.
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