Shares of Boston Scientific BSX are lower on the session by 3.57%, currently trading at $6.48. 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 February 2012 $7.00 put traded 5,000 times on open interest of 481 contracts.
Put volume is outpacing call volume 5 to 1.
Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties.
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