Notable Put Options Activity in Radian Group

Shares of Radian Group RDN 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 January 2012 $4.00 put traded 7,500 times on open interest of 8,059 contracts. Put volume has been extraordinarily high the past three days. Radian Group Inc. is a credit enhancement company. The company operates in three business segments: mortgage insurance, financial guaranty and financial services.