Notable Call Options Activity in LSI

Shares of LSI

are higher on the session by 11.72%, currently trading at $7.91. The stock has been moving largely higher over the past two months 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 February 2012 $8.00 call, which has traded 1,470 times on open interest of 25 contracts. The Feb2012 $7.00 call also traded 1,300 times on 5,397 contracts. Calls are outpacing puts today by 7 to 1. LSI Corporation designs, develops and markets storage and networking semiconductors and storage systems. LSI provides silicon-to-system solutions that are used at the core of products that create, store, consume and transport digital information.