Puts Purchased on MF Global

Shares of MF Global MF are higher on the session by 5.52%, currently trading at $7.64. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago the August 2011 $8 put traded 1,100 times on open interest of 2 contracts. Overall put volume is now running at 18.33x the daily average with 100% of all puts traded being purchases on the offer. MF Global Holdings Ltd., formerly MF Global Ltd., is a brokerage firm offering customized solutions in the global cash and derivatives markets. It provides execution and clearing services for products in the exchange-traded and over-the-counter derivative markets, as well as for products in the cash market.