Options Brief: Tyco Electronics Ltd. (TEL)

Shares of Tyco Electronics Ltd. TEL are higher on the session by 2.28%, trading at $31.11. Overall put volume is now running at 35.49x the daily average, with 0% of all puts traded being purchases on the offer. 3,620 contracts have traded on the session so far. Tyco Electronics Ltd. is a provider of engineered electronic components, network solutions, specialty products, and subsea communication systems. The company designs, manufactures, and markets products for customers in a range of industries.