Notable Call Options Activity in ADTRAN
Shares of ADTRAN (NASDAQ: ADTN) are lower on the session by 2.38%, currently trading at $27.91. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $40.00 call, which has traded 1,500 times on open interest of 1,493 contracts.
Calls are outpacing puts today by 34 to 1.
ADTRAN, Inc. designs, manufactures, markets and services network access solutions for communications networks. The company's major product categories are Carrier Systems, Business Networking and Loop Access.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.