Notable Put Options Activity in Lincare Holdings

Shares of Lincare Holdings LNCR are higher on the session by 0.10%, currently trading at $20.81. 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 $22.00 put traded 660 times on open interest of 425 contracts. The Nov2011 $21.00 put traded 425 times on 425 contracts. Put volume is dominating call volume 500 to 1. Lincare Holdings Inc. is a provider of oxygen and other respiratory therapy services to patients in the home. The company's customers suffer from chronic obstructive pulmonary disease, such as emphysema, chronic bronchitis or asthma, and require supplemental oxygen or other respiratory therapy services.