Puts Purchased on Jarden Corporation (JAH)

Shares of Jarden Corporation JAH are higher on the session by 2.52%, currently trading at $34.12. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the July 2011 $35.00 put was purchased 1,000 times, on the offer, for $3.60 on open interest of 2,600 contracts. Overall put volume is now running at 5.29x the daily average with 98% of all puts traded being purchases on the offer. Jarden Corporation is a global consumer products company. The company is a provider of a range of consumer products. Jarden operates in three business segments: Outdoor Solutions, Consumer Solutions and Branded Consumables.