Notable Call Options Activity in Cogo Group
Shares of Cogo Group (NASDAQ: COGO) are higher on the session by 67.01%, currently trading at $3.24. The stock has been moving largely lower over the past six weeks, but it is currently trading above the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $2.50 call, which has traded 800 times on open interest of 2,075 contracts.
Calls are outpacing puts today.
Cogo Group, Inc. provides customized module design solutions for a range of applications and markets, serving as a gateway for the technology component suppliers to access electronics manufacturers in the People's Republic of China.
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