Calls Purchased on A123 Systems, Inc. (AONE)

Shares of A123 Systems, Inc.

are higher on the session by 6.18%, currently trading at $10.31. The stock has been moving largely lower over the past six months; though recently bounced off of the $6.40 level and has now rallied above the 50-day moving average. First resistance is $11.00, then the 20-day moving average. Options traders are buying calls on the name today. Though action has been primarily in smaller lots, overall call volume is now running at 2.31x the daily average, with 81% of all calls traded being purchases on the offer. Traders are buying the $9.00, $10.00, $11.00, and $12.00 strikes in multiple months. A123 Systems, Inc. designs, develops, manufactures and sells rechargeable lithium-ion batteries and battery systems, and provides research and development services to government agencies and commercial customers.