Notable Call Options Activity in Diana Shipping

Shares of Diana Shipping (NYSE: DSX) are higher on the session by 2.51%, currently trading at $8.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.

Options traders are focusing on calls today. A short while ago the December 2011 $9.00 call traded 860 times on open interest of 262 contracts.

Calls are outpacing puts today by 3 to 1.

Diana Shipping Inc. is a holding company. The company is a global provider of shipping transportation services. It specializes in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.