Notable Call Options Activity in Linear Technology
Shares of Linear Technology (NASDAQ: LLTC) are higher on the session by 1.05%, currently trading at $33.76. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $34 call, which has traded 3,868 times on open interest of 4,514 contracts. The Mar2012 $34 call also traded 3,845 times on 1,027 contracts.
This was likely a roll.
Calls are outpacing puts today by 1,000 to 1.
Linear Technology Corporation designs, manufactures and markets a line of linear analog integrated circuits for companies worldwide. Linear Technology produces power management, data conversion, signal conditioning, RF and interface Integrated Circuits.
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