Notable Call Options Activity in Silicon Laboratories

Shares of Silicon Laboratories SLAB are lower on the session by 0.37%, currently trading at $34.82. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the October 2011 $35.00 call traded 490 times on open interest of 3,061 contracts. The Jan2012 $35.00 call also traded 440 time on 3,028 contracts. Calls are outpacing puts today by 25 to 1. Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits for a range of applications. Its mixed-signal ICs are electronic components that convert analog signals, such as sound and radio waves, into digital signals that electronic products can process.