Puts Active on Allot Communications
Shares of Allot Communications (NASDAQ: ALLT) are trading higher on the session by 0.14%, at $14.69. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Puts are active on the name today. The strike seeing the most volume is the June 2012 $20.00 put, where 692 contracts have traded on open interest of 17 contracts. The De2011 $20.00 put also traded 680 times on 432 contracts.
Puts are outpacing calls today by 4 to 1.
Allot Communications Ltd. engages in developing, selling, and marketing Internet protocol service optimization and revenue generation solutions in Europe, the Middle East, Africa, the Americas, Asia, and Oceania.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.