Front Month Call Buying in Maxim Integrated (MXIM)

April 25, 2011 2:56 PM EDT
There was some notable front-month call buying activity seen in Maxim Integrated (Nasdaq: MXIM) today, according to strategists at Susquehanna.

Specifically opening investors bought a total of ~1,500 May 27 calls.

"These investors appear to be positioning for an upside move in shares, likely as either an outright bullish play or as a hedge for short underlying stock," Susquehanna said.


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