Farm and construction machinery equipment maker Terex (TEX) is up $1.11 to $9 late Friday and options order flow seems bullish. 7000 calls have traded, compared to 1,250 puts. 3900 April 12.5 calls have traded and the actoin appears to be driven by call buyers, as roughly two-thirds has traded ask-side. Recent trades also include April 10/12.5 ratio call spread, bought 500X for 30 cents. The company announced today that it will be presenting at the ISI Industrial Conference at The Waldorf Astoria Hotel in New York, March 3. Morgan Stanley resumed coverage ont the stock with an overweight rating.