Shares of Entropic Communications ENTR are higher on the session by 1.95%, currently trading at $5.23. The stock has been moving largely lower over the past two months and is currently testing the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the January 2012 $5.00 call, which has traded 1,100 times on open interest of 808 contracts.
Calls are outpacing puts today by 1,000 to 1.
Entropic Communications, Inc. is a semiconductor company. Entropic designs, develops and markets systems solutions to enable connected home entertainment.
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