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Shares of Amphenol
APH are lower on the session by 0.22%, currently trading at $41.71. 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 December 2011 $45.00 put, which has traded 1,200 times on open interest of 1,345 contracts. The January 2012 $45.00 put also traded 1,150 times on 1,688 contracts.
Put volume is outpacing call volume by 4,000 to 1.
Amphenol Corporation is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and high-speed specialty cable.
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