Calls Purchased on First Industrial Realty Trust (FR)

Shares of First Industrial Realty Trust FR are higher on the session by 3.04%, currently trading at $11.85. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the May 2011 $10.00 call was purchased 1,000 times, on the offer, on open interest of 39 contracts. Overall call volume is now running at 7.57x the daily average with 99% of all calls traded being purchases on the offer. First Industrial Realty Trust, Inc. is a real estate investment trust (REIT). The company is a self-administered and integrated real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate.