Notable Put Options Activity in Aruba Networks

Shares of Aruba Networks (NASDAQ: ARUN) are higher on the session by 3.17%, currently trading at $22.16. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.

Options traders are focusing on puts today. A short while ago the January 2012 $21.00 put traded 2,500 times on open interest of 830 contracts. Put strikes are very active in Jan2012, in size.

Put volume is outpacing call volume by 4.6 to 1.

Aruba Networks, Inc. connects local and remote users to corporate information technology resources via distributed enterprise networks.