Puts Purchased on ASML Holding (ASML)

Shares of ASML Holding N.V. ASML are higher on the session by 2.67%, currently trading at $34.25. The stock has been moving largely higher over the past three months after bouncing off the $24.50 level and is now trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the January 2011 $35.00 put was purchased 2,700 times, on the offer, on open interest of only 339 contracts. This signals new positioning on the strike. Overall put volume is now running at 2.83x the daily average with 88% of all puts traded being purchases on the offer. 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.