Shares of MagicJack VocalTec CALL are higher on the session by 4.35%, currently trading at $20.89. 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 $22.50 put traded 1,000 times on open interest of 33 contracts. The Sept2011 $20.00 put also traded 1,100 times on open interest of 43 contracts.
MagicJack VocalTec Ltd., formerly VocalTec Communications Ltd., is a provider of carrier-class voice over Internet protocol and convergence solutions for fixed and wireless communication service providers.
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