Notable Put Options Activity in Stericycle

Shares of Stericycle (NASDAQ:

) are higher on the session by 0.49%, currently trading at $80.35. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the November 2011 $90.00 put traded 1,000 times on open interest of 241 contracts. Stericycle, Inc. is engaged in the business of managing regulated waste and providing an array of related services.