Notable Call Options Activity in Smith & Wesson

Shares of Smith & Wesson

are higher on the session by 7.95%, currently trading at $2.85. The stock has been moving largely higher over the past few days and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the March 2012 $4.00 call traded 400 times on open interest of 352 contracts. Calls are outpacing puts today by 90 to 1. Smith & Wesson Holding Corporation is a global provider of products and services for safety, security, protection and sport. The company is a manufacturer of firearms.