Seagate (STX) is down 47 cents to $5.62 and puts are heavily traded Monday morning. 12,000 contracts so far, or about 10X the typical volume. It looks like sellers are dominating the action. For example, in the April 6 puts, the day’s most actives, 4,270 traded and 98 percent hit bid-side. Looks like sellers in May 6 and Jun 5 puts as well.