Notable Call Options Activity in Cypress Semiconductor
November 11, 2011 11:38 AM
Shares of Cypress Semiconductor (NASDAQ: CY) are higher on the session by 4.07%, currently trading at $19.20. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. A short while ago the December 2011 $21.00 call traded 7,700 times on open interest of 4,353 contracts. The Dec2011 $20.00 call also traded 3,300 times on 969 contracts.
Calls are outpacing puts today by 75 to 1.
Cypress Semiconductor Corporation is a supplier of programmable solutions in systems. In addition to its programmable system-on-chip platform based programmable solutions, including TrueTouch, PowerPSoC, OvationONS, PSoC 3 and PSoC 5, Cypress also offers West Bridge peripheral controllers, Universal Serial Bus controllers, general-purpose programmable clocks, and a wide portfolio of static random access memories.
