National Semi (NSM) calls are seeing some interest ahead of next week’s earnings release (March 11, before market). Share are down 8 cents to $10.78 and 5,800 calls have traded, or about 4X (445 percent) the expected for this time of day. Mar and Aug 12.5 calls are the most actives, with about 5,200 traded and 85 percent trading ask-side of the bid-ask spread. Looks like buyers are dominating the flow, perhap expecting good news when the chipmaker posts results.