Notable Call Options Activity in Fortune Brands

Shares of Fortune Brands

are lower on the session by 1.49%, currently trading at $56.87. The stock has been moving largely higher over the past two months and is currently testing the 50-day moving average. Options traders are focusing on calls today. A short while ago the January 2012 $50.00 call traded 2,000 times on open interest of 5,020 contracts. Calls are outpacing puts today by 29 to 1. Fortune Brands, Inc. is a holding company with operating companies engaged in the manufacture and sale products, such as distilled spirits, home and security products, and golf products.