Notable Call Options Activity in GrafTech International

Shares of GrafTech International (NYSE:

) are lower on the session by 1.08%, currently trading at $16.89. 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 March 2012 $20.00 call, which has traded 1,500 times on open interest of 629 contracts. The Feb2012 $17.50 call also traded 1,300 times on 116 contracts. Calls are outpacing puts today by 12 to 1. GrafTech International Ltd. manufactures a range of graphite electrodes, products for the production of electric arc furnace steel and various other ferrous and nonferrous metals.