Notable Call Options Activity in NII Holdings

Shares of NII Holdings

are higher on the session by 1.46%, currently trading at $21.61. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the June 2012 $30.00 call, which has traded 2,000 times on open interest of 67 contracts. Calls are outpacing puts today by 10 to 1. NII Holdings, Inc. provides wireless communication services under the Nextel brand through operating companies located in selected Latin American markets, with its principal operations located in Mexico, Brazil, Argentina, Peru and Chile.