Downside Purchased on ASML Holding (ASML)

Shares of ASML Holding NV ASML are lower on the session by 2.52%, currently trading at $30.57. The stock has been moving largely higher over the past two months, initiating a new uptrend. Options traders are buying puts on the name today, perhaps as protection to long shares. The September $32.50 put was purchased 2,025 times, on the offer, a short while ago; there was no open interest on the strike. Put volume is now running at 4.59x the daily average. ASML Holding N.V. is a holding company, which operates through its subsidiaries. The company is a provider of advanced technology systems for the semiconductor industry. It offers an integrated portfolio of lithography systems mainly for manufacturing complex integrated circuits (semiconductors, ICs or chips).