Notable Call Options Activity in Avalon Rare Metals

Shares of Avalon Rare Metals (AMEX: AVL) are higher on the session by 8.10%, currently trading at $3.07. The stock has been moving largely higher over the past two weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the January 2012 $3.00 call, which has traded 1,500 times on open interest of 0 contracts. Calls are outpacing puts today by 32 to 1. Avalon Rare Metals Inc. is a Canada-based mineral exploration and development company.