Notable Put Options Activity in Uranium Energy

Shares of Uranium Energy (AMEX: UEC) are lower on the session by 2.46%, currently trading at $3.17. 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 $5.00 put traded 1,050 times on open interest of 1,277 contracts. The Nov2011 $7.50 put is also active.

Puts are outpacing call 200 to 1.

Uranium Energy Corp. is an exploration-stage company. It is a natural resource exploration company engaged in the exploration of properties in the United States.