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Shares of Trinity Industries
TRN are higher on the session by 2.63%, currently trading at $30.41. 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 January 2012 $34.00 call, which has traded 1,300 times on open interest of 1,344 contracts.
The majority of the action stems from a 1,131 contract block, purchased for $0.20.
Calls are outpacing puts today by 1,000 to 1.
Trinity Industries, Inc. is a multi-industry company that owns a variety of businesses, which provide products and services to the industrial, energy, transportation, and construction sectors.
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