Calls Purchased on Chiquita Brands International (CQB)

Shares of Chiquita Brands International CQB are lower on the session by 1.93%, currently trading at $15.25. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the May 2011 $15.00 call was purchased 3,000 times, on the offer, on open interest of 352 contracts. This signals new positioning on the strike. Overall call volume is now running at 4.57x the daily average with 85% 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.