Calls Purchased on Chiquita Brands International

Shares of Chiquita Brands International CQB are higher on the session by 0.39%, currently trading at $13.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the January 2012 $15.00 call was purchased 2,500 times, on the offer, for $1.50 on open interest of 4,559 contracts. Overall call volume is now running at 3.85x the daily average with 99% of all calls traded being purchases on the offer. Chiquita Brands International, Inc., along with its subsidiaries, is a marketer and distributor of bananas and other fresh produce, sold under the Chiquita and other names, and of packaged salads sold under the Fresh Express and other names primarily in the United States.