Notable Put Options Activity in Radian Group
Shares of Radian Group (NYSE: RDN) are higher on the session by 5.00%, currently trading at $3.57. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2013 $2.00 put, which has traded 5,500 times on open interest of 10,210 contracts.
Put volume is outpacing call volume by 2.5 to 1.
Radian Group Inc. is a credit enhancement company. The company operates in three business segments: mortgage insurance, financial guaranty and financial services.
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