Shares of Jack in the Box JACK are higher on the session by 0.91%, currently trading at $19.98. The stock has been moving largely lower over the past five weeks, though it is currently testing the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the December 2011 $22.50 call, which has traded 1,275 times on open interest of 609 contracts.
Calls are outpacing puts today by 35 to 1.
Jack in the Box Inc. is engaged in restaurant operations. It operates and franchises more than 2,700 Jack in the Box quick-service restaurants and Qdoba Mexican Grill fast-casual restaurants.
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