Notable Call Options Activity in Fifth Third Bancorp

Shares of Fifth Third Bancorp

are higher on the session by 0.98%, currently trading at $13.43. The stock has been moving largely lower over the past two months and is currently testing the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $13.00 call, which has traded 5,900 times on open interest of 1,156 contracts. Calls are outpacing puts today by 7 to 1. Fifth Third Bancorp is a diversified financial services company. The bancorp operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors.