NetLogic Microsystems Inc (NETL) $33.44 +0.06%
NetLogic (NETL), a Mountain View, CA chipmaker, is up 2 cents to $33.44. Options action Friday includes 6926 puts and 716 calls. Most of the action has been smaller sizes. The top trade is 500 Feb 34 puts at $1.80 on ISE and possibly a closing traded. Feb 31 puts are the most actives and the action looks opening. 2000 traded (100 percent ask). April 35 puts are seeing interest as well. Implied volatility is up 2 percent to 51 and some investors might be taking positions in anticipation of earnings, due around Feb 2 (unconfirmed).
Category: All Stocks, Large Cap Stocks, Semiconductors
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
