Notable Call Options Activity in Emulex

Shares of Emulex

are higher on the session by 4.57%, currently trading at $7.78. The stock has been moving largely lower over the past five weeks, though it is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the December 2011 $9.00 call, which has traded 4,100 times on open interest of 3,039 contracts. Calls are outpacing puts today by 160 to 1. Emulex Corporation is a provider of a range of network convergence solutions that connect servers, storage, and networks within the data center.