Calls Purchased on CARBO Ceramics Inc.

Shares of CARBO Ceramics Inc. CRR are higher on the session by 0.04%, currently trading at $145.34. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $160.00 call was purchased 700 times, on the offer, on open interest of 47 contracts. Overall call volume is now running at 3.83x the daily average with 67% of all calls traded being purchases on the offer. CARBO Ceramics Inc. is a supplier of ceramic proppant. The company is a provider of software, and consulting services, spill prevention, containment and geotechnical monitoring.
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