Shares of Cypress Semiconductor CY are higher on the session by 1.57%, currently trading at $21.32. The stock has been moving largely higher over the past three months and is currently trading above the 200-day moving average.
Options traders are buying puts on the name today. A short while ago the August 2011 $21 put traded 1,500 times on open interest of 2,706 contracts. The September $18.00 put also traded 2,000 times on open interest of 1,551 contracts.
Overall put volume is now running at 2.03x the daily average with 92% of all puts traded being purchases on the offer.
Cypress Semiconductor Corporation is a supplier of programmable solutions in systems. In addition to its programmable system-on-chip platform based programmable solutions.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in