Notable Call Options Activity in Statoil

Shares of Statoil STO are higher on the session by 1.92%, currently trading at $28.25. The stock has been moving largely higher over the past two 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 October 2012 $30 call, which has traded 2,065 times on open interest of 76 contracts. The Apr2012 $30.00 call also traded 2,021 times on 1,170 contracts. Calls are outpacing puts today by 31 to 1. Statoil ASA is an integrated energy company based in Norway with locations in approximately 42 other countries worldwide.