Notable Put Options Activity in Lincare Holdings

Shares of Lincare Holdings LNCR are lower on the session by 0.10%, currently trading at $20.20. 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 October 2011 $18.00 put traded 1,000 times on open interest of 11 contracts. Lincare Holdings Inc. is a provider of oxygen and other respiratory therapy services to patients in the home. The company's customers suffer from chronic obstructive pulmonary disease, such as emphysema, chronic bronchitis or asthma, and require supplemental oxygen or other respiratory therapy services.