Notable Call Options Activity in Powerwave Technologies

Shares of Powerwave Technologies

are lower on the session by 5.29%, currently trading at $2.15. The stock has been moving largely higher over the past three 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 August 2012 $5.00 call, which has traded 1,000 times on open interest of 47 contracts. Calls are outpacing puts today by 83 to 1. Powerwave Technologies, Inc. is a global supplier of end-to-end wireless solutions for wireless communications networks.