Puts Purchased on UBS AG (UBS)

Shares of UBS AG UBS are higher on the session by 1.12%, currently trading at $19.94. The stock has been moving largely higher over the past three 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 $15.00 put was purchased 3,100 times, on the offer, on open interest of 359 contracts. Overall put volume is now running at 6.47x the daily average with 82% of all puts traded being purchases on the offer. UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.