Notable Call Options Activity in L-3 Communications

Shares of L-3 Communications LLL are higher on the session by 1.45%, currently trading at $67.13. 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 October 2011 $75.00 call traded 800 times on open interest of 498 contracts. Calls are outpacing puts today by 10 to 1. L-3 Communications Holdings, Inc. is a prime contractor in Command, Control, Communications, Intelligence, Surveillance and Reconnaissance systems, aircraft modernization and maintenance, and government services.