Notable Call Options Activity in CNH Global
Shares of CNH Global (NYSE: CNH) are higher on the session by 1.72%, currently trading at $39.63. The stock has been moving largely higher over the past three months 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 $35.00 call, which has traded 800 times on open interest of 1,262 contracts. The Jun2012 $45.00 call also traded 800 times on 285 contracts. The roll looks to have been executed for $1.50.
Calls are outpacing puts today by 200 to 1.
CNH Global N.V. is a global, full-line company in both the agricultural and construction equipment industries. The company organizes its operations into three business segments: agricultural equipment, construction equipment and financial services.
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