Calls Purchased on The Timberland Company (TBL)

Shares of The Timberland Company TBL are higher on the session by 23.83%, currently trading at $36.53. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name today. A short while ago the March 2011 $35.00 call was purchased 776 times, on the offer, on open interest of 57 contracts. Overall call volume is now running at 2.56x the daily average with 71% of all calls traded being purchases on the offer. The Timberland Company designs, develops and markets footwear, apparel and accessories products for men, women and children. The company offers its products under the Timberland, Timberland PRO, Timberland Boot Company, SmartWool, Howies and IPATH brands.