Notable Call Options Activity on Kansas City Southern
Shares of Kansas City Southern (NYSE: KSU) are lower on the session by 1.23%, trading at $66.87. 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 action is the January 2012 $65.00 call, which has traded 1,600 times on open interest of 1,561 contracts.
Call volume is outpacing put volume by 66 to 1.
Kansas City Southern is a holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with many industrial cities in Mexico.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.