Notable Call Options Activity in STMicroelectronics

Shares of STMicroelectronics

are lower on the session by 4.45%, currently trading at $5.80. The stock has been moving largely lower over the past three months and it is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the January 2012 $7.50 call traded 1,000 times on open interest of 2,648 contracts. Calls are outpacing puts today by 111 to 1. STMicroelectronics N.V. is an independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a variety of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems.