World Fuel Services Attracts Call Buying (INT)

Shares of World Fuel Services Corporation INT are higher on the session by 2.18%, currently trading at $36.48. The stock has been moving largely higher over the past six 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 May 2011 $45.00 call was purchased 1,400 times, on the offer, on open interest of 1,544 contracts. Overall call volume is now running at 6.13x the daily average with 86% of all calls traded being purchases on the offer. World Fuel Services Corporation is engaged in the marketing and sale of marine, aviation and land fuel products and related services on a global basis. The company operates in three business segments: marine, aviation and land.