Notable Call Options Activity in Ferrellgas Partners

Shares of Ferrellgas Partners FGP are lower on the session by 1.93%, currently trading at $17.76. The stock has been moving largely lower over the past two weeks and is currently trading below the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the April 2012 $17.50 call, which has traded 2,000 times on open interest of 202 contracts. Calls are outpacing puts today by 7 to 1. Ferrellgas Partners, L.P. is a distributor of propane and related equipment and supplies to customers primarily in the United States and conduct its business as a single reportable operating segment.