Puts Purchased on Liberty Media

Shares of Liberty Media

are lower on the session by 0.35%, currently trading at $75.80. The stock has been moving largely higher over the past five weeks and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago the January 2012 $70.00 put traded 900 times on open interest of 1,522 contracts. Overall put volume is now running at 19.78x the daily average with 100% of all puts traded being purchases on the offer. Liberty Media Corporation is a holding company, and through its subsidiaries, is engaged in the video and online commerce, media, communications and entertainment industries.