Notable Put Options Activity in Deer Consumer Products

Shares of Deer Consumer Products DEER are lower on the session by 7.13%, currently trading at $4.56. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the December 2011 $10.00 put, which has traded 457 times on open interest of 1,284 contracts. Small lots are active on the name today. Put volume is outpacing call volume by 17 to 1. Deer Consumer Products, Inc., is a Chinese designer, manufacturer and seller of small home and kitchen electric appliances. Deer develops, promotes, manufactures and sells a range of products, including blenders, juicers and soy milk makers.