Puts Purchased on Limited Brands, Inc. (LTD)

Shares of Limited Brands, Inc.

are lower on the session by 0.50%, currently trading at $32.12. The stock had been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the August 2011 $33.00 put was purchased 4,800 times, on the offer, on open interest of 360 contracts. Overall put volume is now running at 9.51x the daily average with 100% of all puts traded being purchases on the offer. Limited Brands, Inc. is a specialty retailer of women's intimate and other apparel, beauty and personal care products and accessories under various trade names. The company sells its merchandise primarily through its retail stores in the United States and Canada and through its Websites and catalogues.