Puts Purchased on TTM Technologies, Inc.

Shares of TTM Technologies, Inc. TTMI are higher on the session by 0.60%, currently trading at $15.14. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the August 2011 $15.00 put was purchased 1,000 times, on the offer, on open interest of 1,020 contracts. Overall put volume is now running at 4.90x the daily average with 83% of all puts traded being purchases on the offer. TTM Technologies, Inc. is a one-stop provider of printed circuit boards and backplane assemblies, which serve as the foundation of electronic products.