Notable Put Options Activity in Lender Processing Services

Shares of Lender Processing Services. LPS are lower on the session by 0.26%, currently trading at $15.40. 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 March 2012 $14.00 put, which has traded 2,700 times on open interest of 5,282 contracts. Put volume is outpacing call volume by 58 to 1. Lender Processing Services, Inc. is a provider of integrated technology and services to the mortgage lending industry, with mortgage processing and default management services in the United States.