Notable Put Options Activity in Forest Laboratories

Shares of Forest Laboratories FRX are higher on the session by 0.15%, currently trading at $24.68. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the January 2013 $25 put traded 5,000 times on open interest of 2,626 contracts. Forest Laboratories, Inc. develops, manufactures and sells branded forms of ethical drug products, most of which requires a physician's prescription.