Notable Call Options Activity in Ariba

Shares of Ariba (NASDAQ: ARBA) are higher on the session by 3.67%, currently trading at $29.20. The stock has been moving largely higher over the past few weeks and is currently testing the 50-day moving average.

Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $30.00 call, which has traded 1,400 times on open interest of 3,533 contracts.

Calls are outpacing puts today by 20 to 1.

Ariba, Inc. is a provider of collaborative business commerce solutions. The company combines software-as-a-service technology with a Web-based community and a global network of trading partners.