Puts Purchased on M & F Worldwide Corp.

Shares of M & F Worldwide Corp. MFW are lower on the session by 1.55%, currently trading at $25.33. The stock has been moving largely higher over the past two weeks and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the November 2011 $20.00 put was purchased 1,000 times, on the offer, on open interest of 1,030 contracts. Overall put volume is now running at 9.18x the daily average with 99% of all puts traded being purchases on the offer. M & F Worldwide Corp. is a holding company that conducts its operations through its indirect wholly owned subsidiaries, Harland Clarke Holdings Corp. and Mafco Worldwide Corporation.