Notable Call Options Activity in LSI

Shares of LSI LSI are higher on the session by 3.28%, currently trading at $6.14. The stock has been moving largely higher over the past five weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the January 2012 $6.00 call, which has traded 4,300 times on open interest of 2,088 contracts. Calls are outpacing puts today by 100 to 1. LSI Corporation designs, develops and markets storage and networking semiconductors and storage systems. It provides silicon-to-system solutions that are used at the core of products that create, store, consume and transport digital information.