Notable Call Options Activity in Statoil

Shares of Statoil STO are higher on the session by 3.36%, currently trading at $23.98. The stock has been moving largely higher over the past week and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the October 2011 $30.00 call traded 685 times on open interest of 2,900 contracts. Statoil ASA, formerly StatoilHydro ASA is an integrated energy company based in Norway with locations in approximately 40 other countries worldwide.