Notable Call Options Activity in Itau Unibanco

Shares of Itau Unibanco

are higher on the session by 0.56%, currently trading at $18.96. The stock has been moving largely higher over the past two weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the December 2011 $20.00 call, which has traded 3,900 times on open interest of 9,995 contracts. The Dec2011 $19.00 call also traded 2,000 time son 4,981 contracts. Calls are outpacing puts today by 69 to 1. Itau Unibanco Holding S.A. is a bank in Brazil. The Company has four operational segments: Commercial Banking, Itau BBA, Consumer Credit and Corporate and Treasury. Commercial banking, including insurance, pension plan and capitalization products, credit cards, asset management and a variety of credit products and services for individuals, small and middle-market companies.