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Shares of Rambus
RMBS are higher on the session by 2.45%, currently trading at $9.20. The stock has been moving largely higher over the past five weeks and is currently testing the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $10.00 call, which has traded 2,300 times on open interest of 2,211 contracts. Large lots are active in the Jan weeklies and Feb2012.
Calls are outpacing puts today by 13 to 1.
Rambus Inc. is an intellectual property and technology licensing company. Its primary focus is the creation, design, development and licensing of patented innovations, technologies and architectures that are foundational to all digital electronics products and systems.
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