Notable Call Options Activity in Ferro

Shares of Ferro

are higher on the session by 4.09%, currently trading at $5.34. 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. The strike seeing the heaviest volume is the December 2011 $5.00 call, which has traded 3,600 times on open interest of 7,726 contracts. The Dec2011 $7.50 call also traded 1,400 times on 1,774 contracts. Calls are outpacing puts today by 14 to 1. Ferro Corporation is a producer of specialty materials and chemicals, which are sold to a range of manufacturers who, in turn, make products for end-use markets.