Notable Put Options Activity in Xilinx

Shares of Xilinx

are higher on the session by 1.04%, currently trading at 33.40. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action is the December 2011 $30.00 put, which has traded 2,600 times on open interest of 7,741 contracts. The Jan2012 $33.00 and $30.00 puts are also seeing significant volume. Put volume is outpacing call volume by 17 to 1. Xilinx, Inc. designs, develops and markets programmable platforms. In addition to its programmable platforms, Xilinx provides design services, customer training, field engineering and technical support.