Notable Call Options Activity in AvalonBay Communities

Shares of AvalonBay Communities AVB are lower on the session by 4.76%, currently trading at $127.14. The stock has been moving largely lower over the past two months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the October 2011 $145.00 call traded 960 times on open interest of 2,788 contracts. AvalonBay Communities, Inc. is a real estate investment trust. The company is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in high barrier to entry markets of the United States.