Notable Call Options Activity in Atmel

Shares of Atmel (NASDAQ: ATML) are higher on the session by 4.20%, currently trading at $9.42. 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 May 2012 $9.00 call, which has traded 770 times on open interest of 1,095 contracts. Small lots are very active on the name.

Calls are outpacing puts today by 44 to 1.

Atmel Corporation is engaged in designing, developing and supply of microcontrollers. The company offers a portfolio of touch products, which integrate its microcontrollers with touch-focused property.