Notable Call Options Activity in Xerox

Shares of Xerox

are higher on the session by 1.98%, currently trading at $8.23. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the September 2011 $9 call traded 11,500 times on open interest of 1,864 contracts. Calls are outpacing puts today by 4 to 1. Xerox Corporation provides a portfolio of document technology, services and software, and the diverse array of business process and information technology outsourcing support.