Notable Call Options Activity on NetLogic Microsystems

Shares of NetLogic Microsystems NETL are higher on the session by 0.11%, trading at $49.52. 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 action is the April 2012 $50.00 call, which has traded 2,050 times on open interest of 0 contracts. The Feb2012 $50.00 call also traded 1,000 times on 0 contracts. Call volume is outpacing put volume by 250 to 1. NetLogic Microsystems, Inc., a fabless semiconductor company, together with its subsidiaries, designs, develops, and sells processors and integrated circuits used in mobile wireless infrastructure, data center, enterprise, metro Ethernet, and edge and core infrastructure networks