Shares of Yongye International (YONG.NSDQ) are higher on the session by 2.85%, currently trading at $5.42. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. Action has been largely in small lots with the majority of the action coming in September and October.
Calls are outpacing puts today by 34 to 1.
Yongye International, Inc., formerly Yongye Biotechnology International, Inc., incorporated on December 12, 2006, through its primary operating subsidiary, Yongye Nongfeng, is engaged in the manufacturing, research and development and sale of fulvic acid-based liquid and powder nutrient compounds used in the agriculture industry in the People's Republic of China.
Source:benzinga