Notable Put Options Activity in United Rentals

Shares of United Rentals URI are lower on the session by 2.75%, currently trading at $16.63. 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 September 2011 $13.00 put traded 665 times on open interest of 236 contracts. United Rentals, Inc. is a holding company. The company primarily conducts its operations through its wholly owned subsidiary, United Rentals, Inc., and its subsidiaries.