Puts Purchased on Pilgrim's Pride Corporation

Shares of Reynolds American Inc. RAI are higher on the session by 0.52%, trading at $38.80. Overall put volume is now running at 2.71x the daily average, with 39% of all puts traded being purchases on the offer. 1,113 contracts have traded on the session so far. Reynolds American Inc. is a holding company. The company's operating subsidiaries include cigarette manufacturer in the United States, R. J. Reynolds Tobacco Company, and the smokeless tobacco products manufacturer in the United States, American Snuff Company, LLC.