Notable Call Options Activity in TiVo

Shares of TiVo TIVO are higher on the session by 2.75%, currently trading at $11.57. The stock has been moving largely higher over the past three 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 August 2012 $13.00 call, which has traded 11,000 times on open interest of 4,222 contracts. Calls are outpacing puts today by 61 to 1. TiVo Inc. is a developer and provider of software, hardware, and services. As of January 31, 2011, the company generated revenues from three sources: consumer service, developing technology for television service providers and media services.