Notable Call Options Activity in Jaguar Mining

Shares of Jaguar Mining (NYSE: JAG) are higher on the session by 5.71%, currently trading at $6.48. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.

Options traders are focusing on calls today. A short while ago the September 2011 $6.00 call traded 1,200 times on open interest of 5,605 contracts.

Calls are outpacing puts today by 133 to 1.

Jaguar Mining Inc. is a gold mining company engaged in gold production and in the acquisition, exploration, development and operation of gold mineral properties in Brazil.