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Shares of MetLife
MET are lower on the session by 3.13%, currently trading at $37.42. 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 $32.00 put, which has traded 8,100 times on open interest of 9,392 contracts.
Put volume is outpacing call volume by 8 to 1.
MetLife, Inc., is a provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 50 countries.
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