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Shares of CarMax
KMX are higher on the session by 4.27%, currently trading at $32.45. The stock has been moving largely higher over the past three 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 March 2012 $33.00 call, which has traded 672 times on open interest of 100 contracts.
Calls are outpacing puts today by 5 to 1.
CarMax, Inc. is a holding company and its operations are conducted through its subsidiaries. CarMax is a retailer of used cars, which retailed 396,181 used vehicles, during the fiscal year ended February 28, 2011.
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