Notable Put Options Activity in Linear Technology

Shares of Linear Technology LLTC are lower on the session by 0.77%, currently trading at $33.52. The stock has been moving largely higher over the past two weeks 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 $34.00 put, which has traded 1,960 times on open interest of 57 contracts. Put volume is outpacing call volume by 13 to 1. Linear Technology Corporation designs, manufactures and markets a line of linear analog integrated circuits for companies worldwide.