Puts Purchased on Immucor

Shares of Immucor (NASDAQ: BLUD) are higher on the session by 0.13%, currently trading at $26.91. The stock has been moving largely higher over the past six weekss and is currently trading above the 50-day moving average.

Options traders are buying puts on the name today. A short while ago the August 2011 $25.00 put traded 1,500 times on open interest of 3,521 contracts.

Overall put volume is now running at 6.99x the daily average with 99% of all puts traded being purchases on the offer.

Immucor, Inc. develops, manufactures and sells a line of reagents and automated systems that detect and identify certain properties of the cell and serum components of human blood for the purpose of blood transfusion. Its offerings are targeted at hospitals, donor centers and reference laboratories.