Calls Purchased on W.R. Grace & Co. (GRA)

Shares of W.R. Grace & Co. GRA are higher on the session by 0.25%, currently trading at $37.77. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 20-day moving averages. Options traders are buying calls on the name today. A short while ago the March 2011 $37.50 call was purchased 2,000 times, on the offer, on open interest of 3,447 contracts.. Overall call volume is now running at 3.66x the daily average with 98% of all calls traded being purchases on the offer. W.R. Grace & Co. is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. It operates in two business segments: Grace Davison and Grace Construction Products.