Notable Call Options Activity in Weatherford International

Shares of Weatherford International

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.