Notable Call Options Activity in Majesco Entertainment

Shares of Majesco Entertainment

are higher on the session by 3.39%, currently trading at $3.05. 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 January 2012 $2.50 call, which has traded 1,000 times on open interest of 752 contracts. Calls are outpacing puts today by 1,000 to 1. Majesco Entertainment Company is a provider of video game products primarily for the family oriented, mass-market consumer. The company sells its products primarily to large retail chains, specialty retail stores, video game rental outlets and distributors.