Puts Purchased on Teradyne (TER)

Shares of Teradyne Inc. TER are higher on the session by 0.18%, currently trading at $11.13. The stock has been moving largely lower over the past three months, off from recent highs near $13.25. Options traders are buying protection on the name today. The October $12.50 put was purchased 1,100 times, on the offer, earlier in the session; open interest on the name is 6,479 contracts. Put volume is now running at 2.15x the daily average. Teradyne, Inc. is a supplier of automatic test equipment. The company designs, develops, manufactures and sells automatic test systems and solutions used to test complex electronics in the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries.