Notable Put Options Activity in Adobe Systems

Shares of Adobe Systems ADBE are higher on the session by 0.56%, currently trading at $25.33. 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 $24 put traded 5,200 times on open interest of 6,632 contracts. Put volume is dominating call volume 13 to 1. Adobe Systems Incorporated offers a range of business, Web and mobile software and services used by professionals, knowledge workers, developers, marketers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content and experiences across multiple operating systems, devices and media.