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Shares of VeriSign
VRSN are lower on the session by 2.24%, currently trading at $36.62. 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 $36.00 put, which has traded 8,100 times on open interest of 295 contracts.
Put volume is outpacing call volume by 22 to 1.
VeriSign, Inc. is a provider of Internet infrastructure services. It provides domain name registry services and infrastructure assurance services.
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