Notable Put Options Activity in Entergy

Shares of Entergy ETR are higher on the session by 1.80%, currently trading at $63.48. 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 $35.00 put traded 6,700 times on open interest of 2,427 contracts. The Jan2013 $32.50 put also traded 7,000 times on 121 contracts. Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail electric distribution operations. Entergy own and operate power plants with approximately 30,000 megawatts of aggregate electric generating capacity.