Notable Call Options Activity in Valeant Pharmaceuticals

Shares of Valeant Pharmaceuticals VRX are higher on the session by 1.95%, currently trading at $46.64. 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. The strike seeing the heaviest volume is the July 2012 $45.00 call, which has traded 12,500 times on open interest of 0 contracts. Calls are outpacing puts today by 129 to 1. Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products.