Puts Purchased on HeartWare International

Shares of HeartWare International

are lower on the session by 1.74%, currently trading at $66.80. 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 buying puts on the name today. A short while ago the December 2011 $65 put traded 1,100 times on open interest of 20 contracts. Overall put volume is now running at 20.36x the daily average with 100% of all puts traded being purchases on the offer. HeartWare International, Inc. develops and manufactures small implantable heart pumps, or ventricular assist devices, for the treatment of advanced heart failure.