Market Overview

Notable Options Activity in MIPS Technologies Inc

Shares of MIPS Technologies Inc (NASDAQ: MIPS) are higher on the session by 6.4%, currently trading at $6.68

Options volatility is bid with the April volatility +4.8 points, May vol +9.0 points, and the July vol +9.9 points. The strike seeing the heaviest action is the July 2012 $7 call, which has traded over 2,400 times on open interest of 1,170 contracts.

Earnings are scheduled for April 26th.

MIPS provides processor architectures and cores for digital home, networking, and mobile applications.

Posted in: Options, Markets, Trading Ideas

 

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