Notable Call Options Activity in Sino Clean Energy
Shares of Sino Clean Energy (NASDAQ: SCEI) are higher on the session by 18.48%, currently trading at $3.27. 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 September 2012 $2.00 call, which has traded 1,000 times on open interest of 170 contracts.
Calls are outpacing puts today by 20 to 1.
Sino Clean Energy Inc. is a holding company, which through its subsidiaries, is a third-party commercial producer and distributor of coal-water slurry fuel (CWSF) in the People's Republic of China.
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