Integra Life Sciences (IART, news, chart, volatility) long-term calls are active. Shares are up 60 cents to $35.06 and 3,700 January 2010 calls at the $65 strike have traded. The days volume has come in trades of 250 contracts or less, with most of the action hitting on the offer for $1.70. With existing open interest of only 21, it looks like some ambitious traders are opening new bullish positions in the Plainsboro, NJ medical instruments company. The contract is more than 85 percent out-of-the-money.