Notable Call Options Activity in Canadian Solar

Shares of Canadian Solar

are lower on the session by 4.78%, currently trading at $4.18. The stock has been moving largely higher over the past two 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 March 2012 $5.00 call, which has traded 1,448 times on open interest of 2,071 contracts. Calls are outpacing puts today by 10 to 1. Canadian Solar Inc. designs, develops, manufactures and sells solar cell and solar module products that convert sunlight into electricity for a variety of uses.