Notable Put Options Activity in Boston Scientific

Shares of Boston Scientific

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.