Notable Put Options Activity in Stericycle

Shares of Stericycle SRCL are higher on the session by 1.40%, currently trading at $81.08. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the November 2011 $90.00 put traded 1,000 times on open interest of 241 contracts. Stericycle, Inc. is engaged in the business of managing regulated waste and providing an array of related services. The company operates in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, and the United Kingdom.