Notable Put Options Activity in Linear Technology

Shares of Linear Technology LLTC are higher on the session by 3.38%, currently trading at $31.24. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the October 2011 $30.00 put traded 6,300 times on open interest of 2,319 contracts. Put volume is outpacing call volume by 2.3 to 1. Linear Technology Corporation designs, manufactures and markets a broad line of standard high performance linear integrated circuits.