Calls Purchased on First Industrial Realty Trust (FR)

Shares of First Industrial Realty Trust FR are higher on the session by 1.60%, currently trading at $10.80. 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 March 2011 $10.00 call was purchased 1,006 times, on the offer, on open interest of only 145 contracts. This signals new positioning on the strike. Overall call volume is now running at 3.75x the daily average with 100% of all calls traded being purchases on the offer. First Industrial Realty Trust, Inc. is a real estate investment trust (REIT). The company is a self-administered and integrated real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate.