Calls Purchased on Terremark Worldwide (TMRK)

Shares of Terremark Worldwide (NASDAQ: TMRK) are higher on the session by 34.88%, currently trading at $18.95. The stock has been moving largely higher over the past six 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 March 2011 $20.00 call was purchased 13,000 times, on the offer, on no prior open interest.

Overall call volume is now running at 18.73x the daily average with 90% 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.