Puts Purchased on Hansen Natural

Shares of Hansen Natural HANS are lower on the session by 2.04%, currently trading at $80.08. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago the September 2011 $70 put traded 1,300 times on open interest of 3,175 contracts. Overall put volume is now running at 2.99x the daily average with 90% of all puts traded being purchases on the offer. Hansen Natural Corporation is a holding company. Hansen develops, markets, sells and distributes alternative beverage. The Company's category beverages brand names include Monster Energy, Java Monster, Monster Energy Extra Strength Nitrous Technology, Monster Rehab, Peace Tea, Hansen's, Hansen's Natural Sodas, Junior Juice, Blue Sky, X-Presso Monster, Vidration, Worx Energy, Admiral, Lost Energy, Hubert's, Rumba, Samba and Tango.