Notable Put Options Activity in Zimmer Holdings

Shares of Zimmer Holdings ZMH are higher on the session by 0.27%, currently trading at $63.16. 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 June 2012 $55.00 put, which has traded 1,400 times on open interest of 2,576 contracts. Put volume is outpacing call volume by 19 to 1. Zimmer Holdings, Inc. designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, dental implants and related surgical products. Zimmer also provides other healthcare related services.