Notable Call Options Activity in Developers Diversified Realty

Shares of Developers Diversified Realty

are higher on the session by 4.76%, currently trading at $11.89. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the January 2012 $12.50 call traded 800 times on open interest of 5,505 contracts. Calls are outpacing puts today 50 to 1. Developers Diversified Realty Corporation is a self-administered and self-managed real estate investment trust, is engaged in the business of owning, managing and developing a portfolio of shopping centers and, to a lesser extent, office properties.