Notable Call Options Activity in Corinthian Colleges

Shares of Corinthian Colleges

are higher on the session by 5.63%, currently trading at $3.095. 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 February 2012 $3.50 call, which has traded 1,200 times on open interest of 241 contracts. Calls are outpacing puts today by 69 to 1. Corinthian Colleges, Inc. is a post-secondary education company in operating the United States and Canada. As of June 30, 2011, the company had a student enrollment of 93,457 and operated 106 schools in 26 states, and 16 schools in the province of Ontario, Canada.