Options Brief: AvalonBay Communities

Shares of AvalonBay Communities AVB are higher on the session by 0.27%, trading at $130.07. Overall call volume is now running at 2.99x the daily average, with 11% of all calls traded being purchases on the offer. 4,827 contracts have traded on the session so far. AvalonBay Communities, Inc. is a real estate investment trust (REIT). The company is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in high barrier to entry markets of the United States.