Notable Call Options Activity in Smithfield Foods

Shares of Smithfield Foods

are higher on the session by 4.02%, currently trading at $21.22. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the January 2012 $22.50 call traded 1,100 times on open interest of 6,487 contracts. Calls are outpacing puts today 41 to 1. Smithfield Foods, Inc., together with its subsidiaries, produces and markets a range of fresh meat and packaged meat products both domestically and internationally.