Notable Call Options Activity in PetSmart

Shares of PetSmart (NASDAQ: PETM) are lower on the session by 0.67%, currently trading at $53.69. 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 $55.00 call, which has traded 1,250 times on open interest of 2,101 contracts.

Calls are outpacing puts today by 12 to 1.

PetSmart, Inc. is a specialty provider of products, services and solutions for the lifetime needs of pets.