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Shares of Arrow Electronics
ARW are higher on the session by 5.39%, currently trading at $31.31. 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 September 2011 $30.00 put traded 1,100 times on open interest of 1,489 contracts.
Put volume is outpacing call volume by 60 to 1.
Arrow Electronics, Inc. is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.
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