Puts Purchased on Aixtron AG (AIXG)

Shares of Aixtron AG AIXG are higher on the session by 4.59%, currently trading at $31.00. The stock has been moving largely higher over the past month and is now trading above both the 50-day and 200-day moving averages. Options traders are buying protection on the name today. The September $30.00 put was purchased 1,875 times, on the offer, a short while ago; open interest on the strike is 2,127 contracts. Put volume is now running at 11.18x the daily average. AIXTRON AG is a provider of deposition equipment to the semiconductor industry. The company's technology solutions are used by a range of customers worldwide to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials.