Notable Call Options Activity in The Wendy's Company
Shares of The Wendy's Company (NYSE: WEN) are lower on the session by 0.75%, currently trading at $5.32. The stock has been moving largely higher over the past six 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 February 2012 $6.00 call, which has traded 500 times on open interest of 2,442 contracts. Small lots are active on the name today.
Calls are outpacing puts today by 500 to 1.
The Wendy's Company, formerly Wendy's/Arby's Group, Inc., is the parent company of its wholly owned subsidiary holding company Wendy's Restaurants, LLC.
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