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Shares of The Royal Bank of Scotland Group
RBS are lower on the session by 4.64%, currently trading at $6.98. 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 September 2011 $5.00 put traded 1,100 times on open interest of 32 contracts.
The Royal Bank of Scotland Group plc is a holding company of a global banking and financial services group. The company operates in the United Kingdom, the United States and internationally through its two principal subsidiaries: The Royal Bank of Scotland plc and National Westminster Bank Plc.
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