Notable Put Options Activity in Silicon Laboratories
December 30, 2011 3:45 PM
Shares of Silicon Laboratories (NASDAQ: SLAB) are lower on the session by 1.00%, currently trading at $43.55. 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 April 2012 $45.00 put, which has traded 1,000 times on open interest of 45 contracts.
Put volume is outpacing call volume by 40 to 1.
Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits for a range of applications. Its mixed-signal ICs are electronic components that convert analog signals, such as sound and radio waves, into digital signals that electronic products can process.
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