Notable Call Options Activity in Nabors Industries

Shares of Nabors Industries NBR are lower on the session by 0.67%, currently trading at $17.72. The stock has been moving largely lower over the past three weeks, though it is currently testing the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the February 2012 $19.00 call, which has traded 6,100 times on open interest of 1,153 contracts. Large lots are very active in Feb2012 and Mar2012. Calls are outpacing puts today by 20 to 1. Nabors Industries Ltd. is a land drilling contractor and a land well-servicing and workover contractor in the United States and Canada