Puts Purchased on ASML Holding (ASML)

Shares of ASML Holding NV ASML are lower on the session by 1.03%, currently trading at $32.67. The stock has been moving largely higher over the past four weeks, off from recent lows of $27.00. Options traders are buying protection on the name today. The August $32.50 put was purchased 1,300 times on open interest of 1,049 contracts and the September $32.50 put was purchased 2,400 times on open interest of 5,000 contracts. Put volume is now running at 8.40x the daily average. ASML Holding N.V. is a holding company, which operates through its subsidiaries. The company is a provider of advanced technology systems for the semiconductor industry. It offers an integrated portfolio of lithography systems mainly for manufacturing complex integrated circuits.
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Posted In: Short IdeasTechnicalsOptionsTrading IdeasInformation TechnologySemiconductor Equipment
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