Notable Call Options Activity in Tech Data

Shares of Tech Data TECD are higher on the session by 3.83%, currently trading at $42.84. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the September 2011 $50.00 call traded 1,000 times on open interest of 1,055 contracts. Tech Data Corporation is a distributor of technology products. The company serves approximately 125,000 value-added resellers, direct marketers, retailers and corporate resellers in more than 100 countries throughout North America, Latin America and Europe.