Puts Purchased on Ralcorp Holdings, Inc.

Shares of Ralcorp Holdings, Inc. RAH are lower on the session by 0.21%, currently trading at $86.64. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the August 2011 $85.00 put was purchased 3,000 times, on the offer, on open interest of 41 contracts. Overall put volume is now running at 3.81x the daily average with 98% of all puts traded being purchases on the offer. Ralcorp Holdings, Inc. is engaged in manufacturing, distributing and marketing private-brand food products, Post brand ready-to-eat cereal products and other regional and value-brand food products in the grocery, mass merchandise, drugstore and foodservice channels.