Notable Call Options Activity in Allergan

Shares of Allergan

are higher on the session by 0.83%, currently trading at $82.95. The stock has been moving largely higher over the past two weeks, though it is currently testing the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the April 2012 $90.00 call, which has traded 1,079 times on open interest of 233 contracts. The Apr2012 $100 call also traded 1,070 times on 147 contracts. Calls are outpacing puts today by 13 to 1. Allergan, Inc. is a multi-specialty health care company focused on developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products.