Market Overview

Notable Call Options Activity in Range Resources

Shares of Range Resources (NYSE: RRC) are higher on the session by 1.08%, currently trading at $61.50. The stock has been moving largely lower over the past four weeks and is currently trading below the 50-day moving average.

Options traders are focusing on calls today. The strike seeing the heaviest volume is the April 2012 $70.00 call, which has traded 1,590 times on open interest of 560 contracts.

Calls are outpacing puts today by 12 to 1.

Range Resources Corporation is an independent natural gas, natural gas liquids and oil company, engaged in the exploration, development and acquisition of natural gas and oil properties, mostly in the Appalachian and Southwestern regions of the United States.

Posted-In: Options Markets

 

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