Notable Call Options Activity in Smith & Wesson

Shares of Smith & Wesson

are higher on the session by 6.15%, currently trading at $3.28. The stock has been moving largely lower over the past six months, but it is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the September 2011 $4.00 call traded 1,500 times on open interest of 2,193 contracts. Calls are outpacing puts today by 600 to 1. Smith & Wesson Holding Corporation is a global provider of products and services for safety, security, protection and sport. The company is a manufacturer of firearms.