Puts Purchased on Astoria Financial (AF)

Shares of Astoria Financial Corp. AF are lower on the session by 1.90%, currently trading at $12.88. The stock has been moving largely lower over the past four months, off from recent highs near $17.50. Options traders are buying protection on the name today. The October $12.50 put was purchased 1,100 times, on the offer, on open interest of 466 contracts; this signals new positioning on the name. Put volume is now running at 67x the daily average. Astoria Financial Corporation is a unitary savings and loan association holding company of Astoria Federal Savings and Loan Association