Notable Call Options Activity in SandRidge Energy

Shares of SandRidge Energy SD are lower on the session by 1.49%, currently trading at $6.60. The stock has been moving largely lower over the past two weeks 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 January 2012 $7.50 call, which has traded 30,500 times on open interest of 68,546 contracts. Calls are outpacing puts today by 16.5 to 1. SandRidge Energy, Inc. is an independent oil and natural gas company. It is engaged in development and production activities related to the exploitation of its holdings in West Texas and the Mid-Continent area of Oklahoma and Kansas.