Notable Put Options Activity in Leggett & Platt

Shares of Leggett & Platt LEG are lower on the session by 5.39%, currently trading at $22.13. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the February 2012 $22.50 put, which has traded 1,590 times on open interest of 1,239 contracts. Put volume is outpacing call volume by 5 to 1. Leggett & Platt, Incorporated is an international diversified manufacturer that conceives designs and produces a range of engineered components and products found in many homes, offices, retail stores and automobiles.