Notable Put Options Activity in Illumina
Shares of Illumina (NASDAQ: ILMN) are higher on the session by 0.16%, currently trading at $50.26. 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 March 2012 $50.00 put, which has traded 6,400 times on open interest of 27,954 contracts.
Put volume is outpacing call volume by 2 to 1.
Illumina, Inc. is a developer and manufacturer of life science tools and integrated systems for the analysis of genetic variation and function.
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