Notable Put Options Activity in Ariba
Shares of Ariba (NASDAQ: ARBA) are higher on the session by 0.81%, currently trading at $31.09. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. A short while ago the October 2011 $30.00 put traded 1,000 times on open interest of 1,017 contracts.
Put volume is dominating call volume 33 to 1.
Ariba, Inc. is a provider of collaborative business commerce solutions for buying and selling goods and services.
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