Notable Call Options Activity in Seaspan

Shares of Seaspan

are higher on the session by 5.05%, currently trading at $19.21. 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 August 2012 $20.00 call, which has traded 754 times on open interest of 711 contracts. Small lots are active on the name today. Calls are outpacing puts today by 5 to 1. Seaspan Corporation is an independent charter owner of containerships, which the Company charters pursuant to long-term, fixed-rate time charters agreement.