Notable Put Options Activity in Rockwell Automation

Shares of Rockwell Automation ROK are higher on the session by 0.94%, currently trading at $58.27. 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 $50.00 put traded 1,300 times on open interest of 133 contracts. Put volume is dominating call volume 12 to 1. Rockwell Automation, Inc. is a global provider of industrial automation power, control and information solutions. The company has two segments: Architecture & Software, and Control Products & Solutions.