Shares of Louisiana-Pacific LPX are lower on the session by 3.99%, currently trading at $6.73. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. A short while ago the November 2011 $8.00 call traded 620 times on open interest of 3,206 contracts.
Calls are outpacing puts today by 200 to 1.
Louisiana-Pacific Corporation is a manufacturer of building products. As of December 31, 2010, the company owned 21 facilities in the United States and Canada.
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