IGT update post the June 12th blog entry Gary and I authored…stock held its 23 support zone noted in that article early in July and has been grinding higher ever since up to today’s $24.75 zone. For first time in a while, call option activity has picked up……almost 3,000 July 24 calls and 2,800 July 25 calls have traded today, along with about 1,000 July 26 calls. As noted in that earlier post, option open interest remains heavily skewed to the call side, in all months out thru October. The stock moved above its downward sloping 20 day SMA at $24.60, but has some more work to do to recapture its 50 day SMA at $25.95. Option players seem confident that is a strong possibility given today’s action.