Notable Put Options Activity in Flextronics International

Shares of Flextronics International FLEX are higher on the session by 1.04%, currently trading at $5.82. 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 focusing on puts today. A short while ago the October 2011 $6.00 put traded 1,200 times on open interest of 3,367 contracts. Put volume is dominating call volume 9 to 1. Flextronics International Ltd. is a global provider of vertically integrated advanced design and electronics manufacturing services to original equipment manufacturers.