Puts Purchased on Comcast Corporation (CMCSK)

Shares of Comcast Corporation CMCSK are higher on the session by 0.24%, currently trading at $21.29. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the January 2012 $17.50 put was purchased 1,500 times, on the offer, on open interest of 2,506 contracts. Overall put volume is now running at 3.79x the daily average with 100% of all puts traded being purchases on the offer. Comcast Corporation is a provider of video, high-speed Internet and phone services (cable services), offering a variety of entertainment, information and communications services to residential and commercial customers.