Puts Purchased on MPG Office Trust, Inc. (MPG)

Shares of MPG Office Trust, Inc. VOD are lower on the session by 0.66%, currently trading at $3.03. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago the July 2011 $2.50 put was purchased 1,500 times, on the offer, for $0.25 on open interest of only 165 contracts. Overall put volume is now running at 45.45x the daily average with 65% of all puts traded being purchases on the offer. MPG Office Trust, Inc., formerly Maguire Properties, Inc. is a full service real estate company with knowledge in in-house expertise and resources in property management, marketing, leasing, acquisitions, development and financing.