Notable Put Options Activity in Fidelity National Financial

Shares of Fidelity National Financial

are lower on the session by 0.22%, currently trading at $17.81. 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 $17.50 put, which has traded 3,233 times on open interest of 20 contracts. The majority of the action stems from a 1,500 contract block, sold at $0.20. Put volume is outpacing call volume by 3,000 to 1. Fidelity National Financial, Inc. is a holding company. The company, through its subsidiaries provides title insurance, mortgage services, specialty insurance and information services.