Notable Call Options Activity in ION Geophysical
Shares of ION Geophysical (NYSE: IO) are lower on the session by 2.81%, currently trading at $5.54. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the December 2011 $7.00 call, which has traded 2,850 times on open interest of 108 contracts.
Calls are outpacing puts today by 46 to 1.
ION Geophysical Corporation is a technology-focused seismic solutions company, which provides acquisition equipment, software and planning and seismic processing services to the global energy industry
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