Puts Purchased on AngloGold Ashanti (AU)

Shares of AngloGold Ashanti AU are higher on the session by 1.08%, currently trading at $44.08. The stock has been moving largely lower over the past four weeks and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the January 2012 $35.00 put was purchased 1,500 times, on the offer, for $1.55 on open interest of 1,936 contracts. Overall put volume is now running at 4.68x the daily average with 96% of all puts traded being purchases on the offer. AngloGold Ashanti Limited is a global producer of gold. AngloGold Ashanti has 21 operations and a number of exploration programs in gold-producing regions of the world.