Market Overview

Notable Call Options Activity in Fushi Copperweld

Shares of Fushi Copperweld (NASDAQ: FSIN) are lower on the session by 2.61%, currently trading at $7.26. The stock has been moving largely higher over the past three months is currently trading above the 50-day moving average.

Options traders are focusing on calls today. The strike seeing the heaviest volume is the June 2012 $7.50 call, which has traded 3,700 times on open interest of 2,433 contracts.

Calls are outpacing puts today by 17 to 1.

Fushi Copperweld, Inc. is a producer of bimetallic wire products, principally copper-clad aluminum and copper-clad steel products. CCA and CCS conductors are generally used as a substitute for solid copper conductors in applications for which either cost savings or specific electrical or physical attributes are necessary.

Posted-In: Options Markets

 

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