Puts Purchased on Cameron International (CAM)

Shares of Cameron International Corp. CAM are higher on the session by 0.26%, currently trading at $39.00. The stock has been moving largely lower over the past three months, though has regained the 50-day and 20-moving averages as of late. Options traders are buying puts on the name today. The January 2011 $35.00 put was purchased 1,600 times, on the offer, a short while ago; open interest on the strike is 1,254 contracts. Put volume is now running at 6.32x the daily average. Cameron International Corporation is a provider of flow equipment products, systems and services to worldwide oil, gas and process industries. The Company's operations are organized into three business segments: Drilling & Production Systems, Valves & Measuremen, and Compression Systems.