Notable Put Options Activity in Fastenal

Shares of Fastenal FAST are higher on the session by 1.99%, currently trading at $30.71. 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 November 2011 $35.00 put traded 3,100 times on open interest of 354 contracts. Fastenal Company sells industrial and construction supplies in a wholesale and retail fashion. As of December 31, 2010, the company had 2,490 store locations located in the United States, Puerto Rico, Canada, Mexico, Singapore, China, The Netherlands, United Kingdom, Hungary and Malaysia.