Call volume in AMD running 4 times normal, continuing yesterday’s upside speculative action that opened 12700 April 4 calls as shares traded in a volatile 85cent range. Today shares are up 8.5% near 3.44 and buyers are focused on Jan 5 calls in 2011, paying 1.75 for nearly 3500. The shorter-dated April 4 and 5 calls are also active, with a total of nearly 4000 contracts trading, majority on ask.