Notable Call Options Activity in Ashland
Shares of Ashland (NYSE: ASH) are higher on the session by 3.79%, currently trading at $53.99. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. A short while ago the November 2011 $55.00 call traded 1,600 times on open interest of 2,709 contracts.
Calls are outpacing puts today by 17 to 1.
Ashland Inc.'s business consists of four commercial units: Ashland Specialty Ingredients; Ashland Water Technologies; Ashland Performance Materials, and Ashland Consumer Markets.
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