Notable Call Options Activity in Zynga

Shares of Zynga ZNGA are higher on the session by 2.52%, currently trading at $9.35. The stock has been moving largely higher over the past two weeks and is currently trading above the 20-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $10 call, which has traded 2,260 times on open interest of 2,598 contracts. The majority of the action stems from a 1,744 contract block, sold at $0.40. Calls are outpacing puts today by 16 to 1. Zynga Inc., formerly Presidio Media LLC, is a social game developer with 232 million average monthly active users in 166 countries. The company's games are accessible on Facebook, other social networks and mobile platforms to players globally, wherever and whenever they want.
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