Notable Put Options Activity in Riverbed Technology

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Shares of Riverbed Technology
RVBD
are lower on the session by 1.14%, currently trading at $26.85. The stock has been moving largely higher over the past two months, though it is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the February 2012 $23.00 put, which has traded 2,700 times on open interest of 895 contracts. Put volume is outpacing call volume by 9 to 1. Riverbed Technology, Inc. has developed solutions to the fundamental problems associated with information technology performance across wide area networks.
Posted In: OptionsMarkets
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