Notable Call Options Activity in Power-One
Shares of Power-One (NASDAQ: PWER) are higher on the session by 0.95%, currently trading at $6.93. 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 October 2011 $9.00 call traded 4,000 times on open interest of 2,205 contracts.
Calls are outpacing puts today by 6 to 1.
Power-One, Inc. is a designer and manufacturer of inverters for the renewable energy industry. It makes alternating current/direct current and direct current/ direct current power supplies, converters, and power management products for the servers, storage, networking, network power systems and industrial markets.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Advertisement