Notable Put Options Activity in Logitech International

Shares of Logitech International

are higher on the session by 13.98%, currently trading at $10.27. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the December 2011 $11.00 put traded 1,800 times on open interest of 4,209 contracts. Put volume is outpacing call volume by 5 to 1. Logitech International S.A. is a provider of personal peripherals for computers and other digital platforms. The company develops and markets products in personal computer navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices.