Notable Call Options Activity in Banco Santander

Symbols: STD
Posted in: Options, Markets
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Shares of Banco Santander (NYSE: STD) are higher on the session by 3.59%, currently trading at $7.79. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.

Options traders are focusing on calls today. The strike seeing the heaviest volume is the January 2012 $8.00 call, which has traded 3,600 times on open interest of 3,735 contracts.

Calls are outpacing puts today by 5 to 1.

Banco Santander, S.A. is a financial group operating principally in Spain, the United Kingdom, Portugal, other European countries, Brazil and other Latin American countries and the United States, offering a range of financial products.

For more expert research like this, as well as how to play it through options…please visit Benzinga's Options & Volatility Edge and Benzinga's Cash Generator.


 
 
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