Puts Purchased on Hansen Natural

Shares of Hansen Natural HANS are lower on the session by 1.72%, currently trading at $80.40. 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 $70.00 put traded 1,380 times on open interest of 1,864 contracts. Overall put volume is now running at 2.07x the daily average with 97% of all puts traded being purchases on the offer. Hansen Natural Corporation is a holding company. Hansen develops, markets, sells and distributes alternative beverage.