Calls Purchased on THQ Inc. (THQI)

Shares of THQ Inc.

are higher on the session by 0.43%, currently trading at $4.72. The stock has been moving largely lower over the past three months, off from recent highs near $8.30. Options traders are betting that the stock is near a bottom and are buying calls. The September $5.00 call was purchased 1,500 times, on the offer, a short while ago; open interest on the strike is 313 contracts. Call volume is now running at 41.46x the daily average. THQ Inc. is a worldwide developer and publisher of interactive entertainment software for all game systems, including home video game consoles, such as the Microsoft Xbox 360, Nintendo Wii, Sony PlayStation 3 and Sony PlayStation 2; handheld platforms, such as the Nintendo DS and DSi, and Sony PlayStation Portable; wireless devices, including the iPhone, iTouch and iPad, and personal computers, including games played online.