Calls Active on Chemtura

Shares of Chemtura

are trading higher on the session by 0.39%, at $10.18. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Calls are active on the name today. The strike seeing the most volume is the December 2011 $10.00 call, where 1,200 contracts have traded on open interest of 2,984 contracts. Calls are outpacing puts today by 1,000 to 1. Chemtura Corporation, together with its subsidiaries, engages in the manufacture and sale of specialty chemical solutions and consumer products worldwide. The company's Consumer Products segment provides recreational water purification products, such as sanitizers, algaecides, biocides, oxidizers, pH balancers, mineral balancers, and other specialty chemicals and accessories; and specialty and multi-purpose cleaners.