Notable Call Options Activity in Ingersoll-Rand

Shares of Ingersoll-Rand (NYSE: IR) are higher on the session by 3.14%, currently trading at $46.15. The stock has been moving largely higher over the past three 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 $34 call, which has traded 4,900 times on open interest of 782 contracts.

Calls are outpacing puts today by 7 to 1.

Ingersoll-Rand plc is a diversified company that provides products, services and solutions to enhance the comfort of air in homes and buildings, transport and protect food and perishables, and secure homes and commercial properties.