Notable Call Options Activity in IAMGOLD

Shares of IAMGOLD (NYSE: IAG) are higher on the session by 1.03%, currently trading at $16.68. 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 $17.00 call, which has traded 28,000 times on open interest of 185 contracts.

Calls are outpacing puts today by 31 to 1.

IAMGOLD Corporation is a mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including joint ventures) on three continents.