Notable Call Options Activity in ARM Holdings

Shares of ARM Holdings ARMH are higher on the session by 7.45%, currently trading at $25.83. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the October 2011 $28.00 call traded 2,600 times on open interest of 2,807 contracts. The Jan20121 $30 call also traded 1,700 times on 3,166 contracts. ARM Holdings plc designs microprocessors, physical intellectual property and related technology and software, and sells development tools.