VMWare (VMW, news, chart, volatility) calls are seeing some action in recent trade. 6,800 have traded on the day, compared to 830 put options. With shares up 60 cents to $18.48, activity is scattered in the January and December 20 and 22.5 calls. All of the day’s volume has been in 300 contracts or less and seems to include some bullish positioning in anticipation of a move higher in VMW. No news today. The company presents at a Credit Suisse Technology Conference Thursday (along with TECD, AEIS, SLAB, and SONS).