Calls Purchased on Terremark Worldwide (TMRK)

Shares of Terremark Worldwide (NASDAQ: TMRK) are higher on the session by 0.23%, currently trading at $13.40. The stock has been moving largely higher over the past five months and is currently trading above the 50-day and 200-day moving averages.

Options traders are buying calls on the name today. A short while ago the January 2011 $10.00 call was purchased 1,200 times, on the offer, on open interest of 3,611 contracts.

Overall call volume is now running at 3.51x the daily average with 74% of all calls traded being purchases on the offer.

Terremark Worldwide, Inc. is a global provider of managed information technology solutions with data centers in the United States, Europe and Latin America.