Notable Call Options Activity in Nordic American Tanker

Shares of Nordic American Tanker

are higher on the session by 3.83%, currently trading at $14.64. 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 February 2012 $14 call, which has traded 1,600 times on open interest of 1,965 contracts. The trade is closing. Calls are outpacing puts today by 10 to 1. Nordic American Tanker Shipping Limited is an international tanker company that owns 19 double-hull Suezmax tankers, including two newbuilding vessels, averaging approximately 156,000 deadweight (dwt) each.