Calls Purchased on FMC Technologies

Shares of FMC Technologies FTI are higher on the session by 2.56%, currently trading at $42.40. The stock has been moving largely lower over the past six weeks and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. Though action has been primarily in small lots, overall call volume is now running at 4.20x the daily average with 98% of all calls traded being purchases on the offer. FMC Technologies, Inc. is a global provider of technology solutions for the energy industry. The company designs, manufactures and services systems and products, such as subsea production and processing systems, surface wellhead production systems, high-pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.