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Shares of Terex
TEX are higher on the session by 2.71%, currently trading at $17.25. The stock has been moving largely higher over the past six weeks 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 $16 call, which has traded 3,250 times on open interest of 1,608 contracts. The Jan2012 $15 call also traded 2,500 times on 5,672 contracts.
Calls are outpacing puts today by 142 to 1.
Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products.
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