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Shares of Terex
TEX are higher on the session by 2.88%, currently trading at $13.94. The stock has been moving largely lower over the past three weeks and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the January 2012 $14.00 call, which has traded 2,100 times on open interest of 1,417 contracts. The Jan2012 $15.00 call also traded 1,800 times on 2,099 contracts.
Calls are outpacing puts today by 12 to 1.
Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products. Terex is focused on delivering customer-driven solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries.
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