Notable Call Options Activity in Meritor

Shares of Meritor

are higher on the session by 11.80%, currently trading at $8.34. 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 May 2012 $9.00 call, which has traded 2,000 times on open interest of 783 contracts. The April 2012 $9.00 call also traded 1,111 times on 60 contracts. Calls are outpacing puts today by 22 to 1. Meritor, Inc., formerly ArvinMeritor, Inc., is engaged in providing drivetrain mobility and braking solutions for original equipment manufacturers of trucks, trailers and specialty vehicles, as well as the related aftermarkets in the transportation and industrial sectors.