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Shares of Avago Technologies
AVGO are higher on the session by 1.63%, currently trading at $34.21. The stock has been moving largely higher over the past five 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 $35.00 call, which has traded 2,400 times on open interest of 351 contracts.
Calls are outpacing puts today by 200 to 1.
Avago Technologies Limited is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V based products.
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