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Shares of Beam
BEAM are higher on the session by 0.91%, currently trading at $56.50. 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 June 2012 $62.50 call, which has traded 2,100 times on open interest of 20 contracts.
Calls are outpacing puts today by 235 to 1.
Beam Inc., formerly Fortune Brands, Inc., is a holding company with operating companies engaged in the manufacture and sale products, such as distilled spirits, home and security products, and golf products.
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