Notable Put Options Activity in Intersil

Shares of Intersil

are higher on the session by 1.89%, currently trading at $10.23. 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. The strike seeing the heaviest action is the January 2012 $10.00 put, which has traded 1,300 times on open interest of 525 contracts. Put volume is outpacing call volume by 333 to 1. Intersil Corporation designs, develops, manufactures and markets analog and mixed-signal integrated circuits.