Notable Call Options Activity in MBIA

Shares of MBIA MBI are higher on the session by 4.06%, currently trading at $8.20. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the October 2011 $9.00 call traded 4,700 times on open interest of 2,597 contracts. The Oct2011 $8.00 call also traded 1,500 times on 2,363 contracts. Calls are outpacing puts today by 7 to 1. MBIA Inc. together with its subsidiaries, operates the financial guarantee insurance business. MBIA is a provider of asset management and other advisory services.