Puts Purchased on USEC Inc. (USU)

Shares of USEC Inc. USU are lower on the session by 0.70%, currently trading at $4.23. The stock has been moving largely lower over the past five months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the July 2011 $4.00 put was purchased 3,230 times, on the offer, on open interest of 5,713 contracts. Overall put volume is now running at 9.43x the daily average with 94% of all puts traded being purchases on the offer. USEC Inc., a global energy company is a supplier of low enriched uranium for commercial nuclear power plants. USEC supplies LEU to both domestic and international utilities for use in about 150 nuclear reactors globally.