Puts Purchased on Fidelity National Financial

Shares of Fidelity National Financial FNF are higher on the session by 1.47%, currently trading at $15.88. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago the 2011 March 2011 $10.00 put traded 1,000 times on open interest of 0 contracts. Overall put volume is now running at 6.25x the daily average with 85% of all puts traded being purchases on the offer. Fidelity National Financial, Inc. is a holding company. The company, through its subsidiaries provides title insurance, mortgage services, specialty insurance and information services.