Shares of Ingersoll-Rand IR are higher on the session by 3.14%, currently trading at $46.15. 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 call, which has traded 4,900 times on open interest of 782 contracts.
Calls are outpacing puts today by 7 to 1.
Ingersoll-Rand plc is a diversified company that provides products, services and solutions to enhance the comfort of air in homes and buildings, transport and protect food and perishables, and secure homes and commercial properties.
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