Puts Rolled on Radware

Shares of Radware (NASDAQ: RDWR) are lower on the session by 2.62%, currently trading at $24.94. 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 August 2011 $36.00 put traded 673 times on open interest of 711 contracts. The Sept2011 $36.00 also traded 673 times on open interest of 41 contracts. This is clearly a roll.

Radware Ltd. develops, manufactures and markets integrated networking solutions that allow its enterprise and carrier customers to deliver their mission critical applications between data centers and remote locations, over all critical points in the network.