Options Brief: Conexant Systems (CNXT)

Shares of Conexant Systems CNXT are higher on the session by 14.87%, trading at $2.17. Overall call volume is now running at 6.81x the daily average, with 54% of all calls traded being purchases on the offer. 1,049 contracts have traded on the session so far. Conexant Systems, Inc. designs, develops and sells semiconductor system solutions, consist of semiconductor devices, software and reference designs, for imaging, audio, embedded-modem, and video applications.