Notable Call Options Activity in Texas Industries

Shares of Texas Industries (NYSE: TXI) are higher on the session by 5.09%, currently trading at $29.95. 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 $30.00 call, which has traded 680 times on open interest of 1,214 contracts.

Calls are outpacing puts today by 6 to 1.

Texas Industries, Inc., is a supplier of heavy construction materials in the southwestern United States. The company operates in three segments: cement, aggregates and consumer products.