Options Brief: MBIA Inc. (MBI)

Shares of MBIA Inc. MBI are higher on the session by 17.13%, trading at $10.46. Overall call volume is now running at 4.54x the daily average, with 35% of all calls traded being purchases on the offer. 11,085 contracts have traded on the session so far. MBIA Inc. together with its subsidiaries, operates the financial guarantee insurance business. MBIA is a provider of asset management and other advisory services. The activities are managed through three business segments: United States public finance insurance, structured finance and international insurance, and advisory services.