Notable Put Options Activity in Flextronics International
Shares of Flextronics International (NASDAQ: FLEX) are higher on the session by 1.84%, currently trading at $7.19. 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 $6.00 put, which has traded 1,000 times on open interest of 1,301 contracts.
Put volume is outpacing call volume by 4 to 1.
Flextronics International Ltd. is a global provider of vertically integrated advanced design and electronics manufacturing services to original equipment manufacturers
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