Call Position Rolled on Radware (RDWR)

Shares of Radware LTD RDWR are higher on the session by 0.10%, currently trading at $20.28. The stock has been moving sideways for the past five weeks after a sharp drop in May. One options trader is extending their bullish bet on the name today. Though the trade was only 500 contracts, it has pushed call volume to 3x the daily average. The June $17.50 call was sold 500 times for $2.75, near the bid, and the July $17.50 call was purchased 500 times, near the offer, for $3.15. Volume did not exceed open interest on either strike. 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.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasCommunications EquipmentInformation Technology
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