Calls Purchased on Synaptics Incorporated (SYNA)
January 03, 2011 2:33 PM
Shares of Synaptics Incorporated (NASDAQ: SYNA) are higher on the session by 3.88%, currently trading at $30.52. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the January 2011 $25.00 call was purchased 1,000 times, on the offer, on open interest of 1,564 contracts.
Overall call volume is now running at 2.58x the daily average with 81% of all calls traded being purchases on the offer.
Synaptics Incorporated is a worldwide developer and supplier of custom-designed user interface solutions that enable people to interact and intuitively with a variety of mobile computing, communications, entertainment and other electronic devices.
