Notable Call Options Activity in Universal Display

Shares of Universal Display PANL are higher on the session by 12.17%, currently trading at $38.99. The stock has been moving largely lower over the past three months, but it is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the September 2011 $45.00 call traded 3,700 times on open interest of 4,556 contracts. The Sept2011 $40 call is also active. Universal Display Corporation is engaged in research, development and commercialization of organic light emitting diode, technologies and materials. OLEDs are thin, lightweight devices that emit light, making them highly suitable for use in full-color displays and as lighting products.