Notable Put Options Activity in Diana Shipping

Shares of Diana Shipping

are lower on the session by 0.37%, currently trading at $8.13. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the December 2011 $8.00 put traded 3,900 times on open interest of 4,166 contracts. Diana Shipping Inc. is a holding company. The company is a global provider of shipping transportation services. It specialize in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.