Notable Call Options Activity in Silicon Laboratories

Shares of Silicon Laboratories (NASDAQ: SLAB) are higher on the session by 2.76%, currently trading at $33.88. 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 calls today. A short while ago the January 2012 $35.00 call traded 1,300 times on open interest of 4,852 contracts.

Calls are outpacing puts today by 33 to 1.

Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits for a range of applications.