Notable Call Options Activity in Banco Bradesco

Shares of Banco Bradesco BBD are higher on the session by 1.81%, currently trading at $17.46. The stock has been moving largely higher over the past two 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 $18.00 call, which has traded 5,000 times on open interest of 1,747 contracts. The Dec2011 $18.00 call also traded 2,500 times on 3,760 contracts. Calls are outpacing puts today by 115 to 1. Banco Bradesco SA is Brazil-based private-sector commercial bank. It offers a range of banking and financial products and services in Brazil and abroad.