Puts Purchased on Amphenol Corporation (APH)

Shares of Amphenol Corporation APH are higher on the session by 1.36%, currently trading at $56.08. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the February 2011 $55.00 put was purchased 1,000 times, on the offer, for $1.15 on open interest of 4,019 contracts. Overall put volume is now running at 3.81x the daily average with 99% of all puts traded being purchases on the offer. Amphenol Corporation is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and high-speed specialty cable.