Notable Call Options Activity in Pengrowth Energy

Shares of Pengrowth Energy (NYSE: PGH) are higher on the session by 1.57%, currently trading at $10.38. 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 $13.00 call traded 850 times on open interest of 5,602 contracts.

Calls are outpacing puts today by 125 to 1.

Pengrowth Energy Corporation, formerly 1562803 Alberta Ltd., is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia.