Notable Call Options Activity in Transatlantic Holdings

Shares of Transatlantic Holdings (NYSE:

) are lower on the session by 0.87%, currently trading at $50.35. The stock has been moving largely higher over the past three months and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the September 2011 $50.00 call traded 738 times on open interest of 4,449 contracts. Transatlantic Holdings, Inc. is a holding company. The Company's operations are conducted principally by its three operating subsidiaries: Transatlantic Reinsurance Company, Trans Re Zurich and Putnam Reinsurance Company.