Notable Call Options Activity in Giant Interactive

Shares of Giant Interactive

are higher on the session by 4.35%, currently trading at $4.80. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the April 2012 $5.00 call, which has traded 1,500 times on open interest of 1,056 contracts. Calls are outpacing puts today by 33 to 1. Giant Interactive Group Inc. is an online game developer and operator in China. It focuses on massively multiplayer online role playing games that are played through networked game servers, in which a number of players are able to simultaneously connect and interact.