Calls Active in Nuance Communications (NUAN)

Shares of Nuance Communications, Inc. NUAN are lower on the session by 3.03%, currently trading at $14.73. The stock has been moving largely lower over the past six months, though is now sitting on historical support. Options traders are buying calls on the name today. A short while ago the November $17.00 call was purchased 1,700 times, on the offer, on open interest of just 150 contracts. This signals new positioning on the name. Call volume is now running at 4.31x the daily average. Nuance Communications, Inc. is a provider of speech, imaging and keypad solutions for businesses, organizations and consumers worldwide. The company's solutions are used for tasks and services, such as requesting information from a phone-based, self-service solution, dictating medical records, searching the mobile Web by voice, entering a destination into a navigation system, or working with portable document format documents. For more great research like this, as well as how to play it through options…please visit Benzinga's Options & Volatility Edge and Benzinga's Cash Generator.