Notable Call Options Activity in Goodyear Tire & Rubber
By Michael J. Zerinskas
February 03, 2012 2:20 PM
February 03, 2012 2:20 PM
Shares of Goodyear Tire & Rubber (NYSE: GT) are higher on the session by 4.14%, currently trading at $13.83. The stock has been moving largely lower over the past two months, though it 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 $14.00 call, which has traded 8,900 times on open interest of 419 contracts.
Calls are outpacing puts today by 4 to 1.
The Goodyear Tire & Rubber Company is a manufacturer of tires. The company, along with its subsidiaries, is principally engaged in the development, manufacture, distribution and sale of tires and related products and services worldwide.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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