Notable Call Options Activity in PMC-Sierra

Shares of PMC-Sierra

are lower on the session by 1.16%, currently trading at $6.77. The stock has been moving largely higher over the past six 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 February 2012 $7.00 call, which has traded 1,580 times on open interest of 912 contracts. Calls are outpacing puts today. PMC-Sierra, Inc. is an Internet infrastructure semiconductor solutions provider. The company designs, develops, markets and supports semiconductor solutions through a network of offices in North America, Europe and Asia.