Notable Put Options Activity in Flextronics International

Shares of Flextronics International (NASDAQ: FLEX) are higher on the session by 0.17%, currently trading at $5.84. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.

Options traders are focusing on puts today. The strike seeing the heaviest action is the July 2012 $5.00 put, which has traded 1,000 times on open interest of 0 contracts.

Put volume is outpacing call volume by 35 to 1.

Flextronics International Ltd. is a global provider of vertically integrated advanced design and electronics manufacturing services to original equipment manufacturers.