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Shares of Deer Consumer Products
DEER are lower on the session by 4.75%, currently trading at $5.41. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average.
Options traders are focusing on calls today. A short while ago the November 2011 $7.50 call traded 970 times on open interest of 3 contracts.
Calls are outpacing puts today by 90 to 1.
Deer Consumer Products, Inc., incorporated on July 18, 2006, is a Chinese designer, manufacturer and seller of small home and kitchen electric appliances. Deer develops, promotes, manufactures and sells a range of products, including blenders, juicers and soy milk makers.
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