Notable Call Options Activity in QLogic

Shares of QLogic (NASDAQ: QLGC) are higher on the session by 0.67%, currently trading at $13.57. 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 April 2012 $15.00 call traded 1,000 times on open interest of 2,810 contracts.

Calls are outpacing puts today by 5.5 to 1.

QLogic Corporation designs and supplies network infrastructure connectivity products that provide, enhance and manage computer data communication. These products facilitate the transfer of data and enable resource sharing between servers and storage devices.