Calls Purchased on Sociedad Quimica y Minera de Chile

Shares of Sociedad Quimica y Minera de Chile SQM are lower on the session by 1.22%, currently trading at $61.30. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $65.00 call was purchased 770 times, on the offer, on open interest of 450 contracts. Overall call volume is now running at 4.42x the daily average with 87% of all calls traded being purchases on the offer. Sociedad Quimica y Minera de Chile SA is a Chilean producer of specialty plant nutrients and chemicals.