Bears Target Teradyne Inc.

Shares of Teradyne Inc. TER are falling today, currently off by 6.48% to $10.97. The stock has now blown through the 50-day moving average as well as a bullish upward-trending pattern. Options traders are also buying puts in the name, namely the October $10 put, which was purchased more than 1,500 times today. Open interest on the line was only 250 contracts, indicating new, bearish positioning. Put volume is now running at 2.15x the daily average with 100% of all puts traded being purchases on the offer. Teradyne, Inc. is a supplier of automatic test equipment.