Notable Call Options Activity in XL Group

Shares of XL Group

are higher on the session by 1.62%, currently trading at $20.04. 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 January 2012 $20.00 call, which has traded 1,100 times on open interest of 3,647 contracts. Calls are outpacing puts today by 100 to 1. XL Group plc through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and, professional firms, insurance companies and other enterprises on a worldwide basis.