Notable Put Options Activity in MBIA

Shares of MBIA MBI are lower on the session by 0.14%, currently trading at $7.02. 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 January 2012 $5.00 put traded 9,000 times on open interest of 18,563 contracts. Put volume is outpacing call volume by 9 to 1. MBIA Inc. together with its subsidiaries, operates the financial guarantee insurance business. MBIA is a provider of asset management and other advisory services.