Calls Purchased on Giant Interactive Group Inc. (GA)

Shares of Giant Interactive Group Inc. GA are higher on the session by 0.54%, currently trading at $7.48. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the April 2011 $7.50 call was purchased 1,520 times, on the offer, for $0.15 on open interest of 1,472 contracts. Overall call volume is now running at 6.50x the daily average with 99% of all calls traded being purchases on the offer. Giant Interactive Group Inc. is an online game developer and operator in China. The company focuses on massively multiplayer online games that are played through networked game servers, in which a number of players are able to simultaneously connect and interact.