Dell Computer is seeing relative strrength and calls are active for a second day. Open interest in DELL calls increased by 28000 (compared to -1126 puts) following a day of active trading Friday. Today, another 49K calls and 12K puts traded. Shares are up 23 cents to $13.47 and the top trade is a block of 2212 Feb 13 calls at 70 cents this morning on ISE, which is an opening buyer, according to ISEE data. 11k traded total. Another 16.2K Feb 14 calls also changed hands. The two days of increasing call volumes comes ahead of Dell’s Feb 18 earnings release, which is one day before the Feb contracts come off the board.