Options Brief: The Powershares DB Oil Fund (DBO)

Shares of The Powershares DB Oil Fund DBO are higher on the session by 4.02%, trading at $30.58. Overall call volume is now running at 4.58x the daily average, with 74% of all calls traded being purchases on the offer. 1,818 contracts have traded on the session so far. The Powershares DB Oil Fund seeks to track the price and yield performance before fees and expenses of the Deutsche Bank Liquid Commodity Index - Optimum Yield Oil Excess Return.