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Shares of Crown Castle International
CCI are higher on the session by 1.17%, currently trading at $49.22. 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 April 2012 $55.00 call, which has traded 644 times on open interest of 19 contracts. The Jul2012 $50.00 call also traded 460 times on 82 contracts.
Calls are outpacing puts today by 15 to 1.
Crown Castle International Corp. owns, operates and leases towers and other wireless infrastructure, including distributed antenna system networks in the United States and rooftop installations.
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