Notable Call Options Activity in Dollar General

Shares of Dollar General

are higher on the session by 1.18%, currently trading at $40.19. 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 November 2011 $40.00 call traded 530 times on open interest of 14,724 contracts. Small lots are active on the name, at twice-normal volume. Calls are outpacing puts today by 7.8 to 1. Dollar General Corporation is a discount retailer. As of February 25, 2011, the company operated 9,414 stores located in 35 states, primarily in the southern, southwestern, Midwestern and eastern United States.