Notable Call Options Activity in Weatherford International
Shares of Weatherford International (NYSE: WFT) are higher on the session by 4.16%, currently trading at $14.15. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. A short while ago the October 2011 $15.00 call traded 25,000 times on open interest of 4,605 contracts.
Calls are outpacing puts today.
Weatherford International Ltd. is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells.
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