Notable Call Options Activity in Eastman Chemical

Shares of Eastman Chemical

are lower on the session by 0.73%, currently trading at $51.48. The stock has been moving largely lower over the past six weeks and is currently testing the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the September 2012 $52.50 call, which has traded 2,500 times on open interest of 113 contracts. Calls are outpacing puts today by 8 to 1. Eastman Chemical Company is a global chemical company, which manufactures and sells a portfolio of chemicals, plastics, and fibers.