RSH – RadioShack Corporation – Call options on the retailer of consumer electronics goods and services are flying off the shelves this morning with RadioShack’s shares trading 3.95% higher on the day to stand at $22.37 as of 11:15 am (ET). Earlier in the session RSH shares rallied more than 7.6% to secure an intraday high of $23.16. Bullish options investors expecting continued appreciation in the price of the underlying stock this week picked up approximately 2,200 calls at the July $22.5 strike for an average premium of $0.60 apiece. Call buyers at this strike stand ready to amass profits should the retailer’s shares exceed the average breakeven price of $23.10 by expiration on Friday. Traders anticipating a more dramatic upward move in share price purchased 1,700 calls at the higher July $24 strike for an average premium of $0.37 a-pop. RadioShack’s shares must increase at least 8.94% over the current price of $22.37 and surpass the stock’s current 52-week high of $24.00 in order for investors long the July $24 strike calls to make money above the effective breakeven point to the upside at $24.37 by July expiration. Optimists also scooped up at least 1,000 calls at the August $25 strike for an average premium of $0.67 each. Investors long the call options are poised to profit should RadioShack’s shares surge 14.75% to trade above the average breakeven price of $25.67 by August expiration day.