Notable Call Options Activity in Silver Standard Resources

Shares of Silver Standard Resources

are lower on the session by 1.56%, currently trading at $29.62. 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. A short while ago the September 2011 $33 call traded 560 times on open interest of 233 contracts. Calls are active on several other strikes in Sept and Oct as well. Calls are outpacing puts today by 4.5 to 1. Silver Standard Resources Inc. is a silver resource company. The company's properties are located in Argentina, Australia, Canada, Chile, Mexico, Peru and the United States.