Notable Call Options Activity in Murphy Oil

Shares of Murphy Oil MUR are lower on the session by 0.04%, currently trading at $56.69. The stock has been moving largely higher over the past two months 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 $65.00 call, which has traded 1,136 times on open interest of 8,828 contracts. The Feb2012 $65.00 call also traded 1,136 times on 0 contracts. The roll traded for $0.39. Calls are outpacing puts today by 130 to 1. Murphy Oil Corporation is an oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom.