Shares of TIVO (NASDAQ: TIVO) are continuing their march higher this morning up nearly 2.5%, breaching the 11 level with ease it has been fighting with earlier in the session Monday. Options traders focused on the 12 calls yesterday, today they are focusing on the 13 calls.

The 13 call strike saw nearly 1,500 contracts trade vs. OI of 1,100. Traders are betting on TIVO moving higher than 13 come third Friday in November.

Yesterday i did a post on scenario recognition in TIVO.. check it out.. Also check out stockMONSTER.. Great room for idea sharing..