Notable Call Options Activity in Hyperdynamics

Shares of Hyperdynamics

are higher on the session by 8.82%, currently trading at $2.22. 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 $2.00 call, which has traded 5,000 times on open interest of 0 contracts. Large lots are active in Jan2012 and Jun2012. Calls are outpacing puts today by 7 to 1. Hyperdynamics Corporation is an oil and gas exploration company with prospects in offshore Republic of Guinea in Northwest Africa.