Shares of EOG Resources EOG are higher on the session by 1.04%, trading at $99.29. 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 action is the January 2012 $105.00 call, which has traded 5,250 times on open interest of 8,595 contracts.
Call volume is outpacing put volume by 24 to 1.
EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States, Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People's Republic of China.
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