Calls Purchased on Chiquita Brands International

Shares of Chiquita Brands International CQB are higher on the session by 2.89%, currently trading at $12.80. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the November 2011 $13.00 call traded 2,900 times on open interest of 15 contracts. Overall call volume is now running at 9.34x the daily average with 83% of all calls traded being purchases on the offer. Chiquita Brands International, Inc., along with its subsidiaries, is a marketer and distributor of bananas and other fresh produce, sold under the Chiquita and other brand names in 70 countries, and packaged salads sold under the Fresh Express and other brand names primarily in the United States.