Notable Put Options Activity in The Royal Bank of Scotland Group

Shares of The Royal Bank of Scotland Group

are lower on the session by 3.05%, currently trading at $8.58. The stock has been moving largely higher over the past two 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 August 2012 $7.50 put, which has traded 1,300 times on open interest of 73 contracts. Put volume is outpacing call volume by 19 to 1. The Royal Bank of Scotland Group plc is a holding company of a global banking and financial services group. It operates in the United Kingdom, the United States and internationally through its two principal subsidiaries: The Royal Bank of Scotland plc and National Westminster Bank Plc.