Puts Purchased on Jacobs Engineering Group Inc. (JEC)

Shares of Jacobs Engineering Group Inc. JEC are lower on the session by 1.65%, currently trading at $48.27. The stock has been moving largely higher over the past six months and is currently trading above 200-day moving average.

Options traders are buying puts on the name today. A short while ago the January 2012 $40.00 put was purchased 1,300 times, on the offer, on open interest of 737 contracts.

Overall put volume is now running at 4.34x the daily average with 95% of all puts traded being purchases on the offer.

Jacobs Engineering Group Inc. is a technical professional services firm in the United States.