Notable Call Options Activity in MGIC Investment
Shares of MGIC Investment (NYSE: MTG) are lower on the session by 2.46%, currently trading at $4.37. 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 March 2012 $4.50 call, which has traded 14,100 times on open interest of 4,697 contracts. Large lots are active on the name today.
Calls are outpacing puts today by 11 to 1.
MGIC Investment Corporation is a holding company and through wholly owned subsidiaries the company is a provider of private mortgage insurance in the United States.
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