Notable Call Options Activity in ON Semiconductor
Shares of ON Semiconductor (NASDAQ: ONNN) are higher on the session by 1.32%, currently trading at $8.06. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the December 2011 $8.00 call, which has traded 10,000 times on open interest of 4,585 contracts.
Calls are outpacing puts today by 53 to 1.
ON Semiconductor Corporation is a supplier of silicon solutions for energy electronics. The company designs, manufactures and markets a portfolio of semiconductor components.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.