Notable Put Options Activity in The Royal Bank of Scotland

Shares of The Royal Bank of Scotland RBS are higher on the session by 2.61%, currently trading at $7.47. 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 November 2011 $12.50 put traded 1,000 times on open interest of 1,204 contracts. The Royal Bank of Scotland Group plc is a holding company of a global banking and financial services group.