Puts Purchased on Fidelity National Information Services (FIS)

Shares of Fidelity National Information Services FIS are higher on the session by 1.53%, currently trading at $27.16. The stock has been moving largely sideways over the past six months, though it is still trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the December $27.00 put was purchased 1,000 times, on the offer, on open interest of only 43 contracts. This signals new positioning on the name. Overall put volume is now running at 4.98x the daily average with 94% of all puts traded being purchases on the offer. Fidelity National Information Services, Inc. is a global provider of banking and payments technology solutions, processing services and information-based services. It offer financial institution core processing, card issuer and transaction processing services, including the NYCE Network, a national electronic funds transfer network.