Shares of Universal Health Services UHS are lower on the session by 1.53%, currently trading at $33.48. 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 November 2011 $30.00 put traded 2,800 times on open interest of 1,000 contracts.
Put volume is outpacing call volume by 46 to 1.
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.
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