Notable Put Options Activity in Mohawk Industries

Shares of Mohawk Industries MHK are higher on the session by 0.67%, currently trading at $49.74. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average. Options traders are focusing on puts today. A short while ago the September 2011 $50.00 put traded 860 times on open interest of 1,106 contracts. Put volume is dominating call volume 49 to 1. Mohawk Industries, Inc., is a producer of floor covering products for residential and commercial applications in the United States and residential applications in Europe.