Notable Call Options Activity in NetLogic Microsystems
September 13, 2011 10:05 AM
Shares of NetLogic Microsystems (NASDAQ: NETL) are higher on the session by 0.23%, currently trading at $48.23. The stock has been moving largely lower over the past three months, but it is currently trading above the 50-day moving average.
Options traders are focusing on calls today. A short while ago the April 2012 $45.00 call traded 2,500 times on open interest of 5,055 contracts. The April 2012 $50.00 call also traded 2,500 times on 5,000 contracts.
Calls are outpacing puts today by 32 to 1.
NetLogic Microsystems, Inc. is a semiconductor company that designs, develops and sells processors and high-speed integrated circuits that are used to enhance the performance, functionality and energy efficiency of advanced mobile wireless infrastructure, data center, enterprise, metro Ethernet, edge and core infrastructure networks.
