Notable Call Options Activity in Fortune Brands
Shares of Fortune Brands (NYSE: FO) are lower on the session by 1.49%, currently trading at $56.87. The stock has been moving largely higher over the past two months and is currently testing the 50-day moving average.
Options traders are focusing on calls today. A short while ago the January 2012 $50.00 call traded 2,000 times on open interest of 5,020 contracts.
Calls are outpacing puts today by 29 to 1.
Fortune Brands, Inc. is a holding company with operating companies engaged in the manufacture and sale products, such as distilled spirits, home and security products, and golf products.
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