Notable Call Options Activity in Thomas & Betts

Shares of Thomas & Betts TNB are higher on the session by 22.52%, currently trading at $71.00. 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 June 2012 $65 call, which has traded 15,000 times on open interest of 202 contracts. The Jun2012 $70 call also traded 13,000 times on 49 contracts. Calls are outpacing puts today by 29 to 1. Thomas & Betts Corporation is a designer and manufacturer of essential components used to manage the connection, distribution, transmission and reliability of electrical products in industrial, construction and utility applications.