Notable Call Options Activity in Forest Laboratories

Shares of Forest Laboratories

are higher on the session by 0.06%, currently trading at $33.42. The stock has been moving largely higher over the past three 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 April 2012 $35.00 call, which has traded 2,500 times on open interest of 1,164 contracts. Calls are outpacing puts today by 22 to 1. Forest Laboratories, Inc. develops, manufactures and sells branded forms of ethical drug products, most of which requires a physician's prescription.