Notable Call Options Activity in Power-One
November 03, 2011 2:10 PM
Shares of Power-One (NASDAQ: PWER) are higher on the session by 7.49%, currently trading at $5.52. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average.
Options traders are focusing on calls today. A short while ago the November 2011 $6.00 call traded 1,400 times on open interest of 3,417 contracts. The Nov2011 $7.00 call also traded 1,100 times on 4,904 contracts.
Calls are outpacing puts today by 21 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.
