Market Overview

Puts Purchased on Amphenol Corp. (APH)

Shares of Amphenol Corp. are lower on the session by 1.49%, currently trading at $45.15. The stock has been moving largely higher over the past three weeks, though is now nearing resistance at $46.00.

Options traders are buying put on the name today. The September $45.00 put was purchased 1,000 times, on the offer, a short while ago; open interest on the strike is 2,030 contracts. Put volume is currently running at 2.05% the daily average.

Amphenol Corporation is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and high-speed specialty cable. The company designs and manufactures connectors and interconnect systems, which are used primarily to conduct electrical and optical signals for a range of sophisticated electronic applications.

Posted-In: Short Ideas Technicals Options Trading Ideas

 

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