Options Brief: Silicon Laboratories

Shares of Silicon Laboratories SLAB are lower on the session by 0.17%, trading at $41.91. Overall put volume is now running at 26.57x the daily average, with 38% of all puts traded being purchases on the offer. 3,135 contracts have traded on the session so far. Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits (ICs) for a range of applications. Its mixed-signal ICs are electronic components that convert analog signals, such as sound and radio waves, into digital signals that electronic products can process.