Puts Sold on K-Swiss (KSWS)

Shares of K-Swiss Inc. KSWS are higher on the session by 0.56%, currently trading $12.63. The stock has been jumping wildly in the past few weeks, but it has recently regained the 50-day and 200-day moving averages, which is a bullish sign. I am also detecting bullish put activity today with someone selling out of some of their long puts in the name. The October $12.50 put was sold 1,050 times today for $1.60 on open interest of 2,110 contracts. This signals that a position was closed. K-Swiss Inc. designs, develops and markets an array of athletic footwear for high-performance sports use, fitness activities and casual wear under the K-Swiss brand.