Calls Active As Verifone Rallies (PAY)

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Shares of VeriFone Systems, Inc.
PAY
are higher on the session by 5.58%, currently trading at $30.67. The stock has been moving largely higher for the past six months, moreover for the past year, and is at a new 52-week high. Options traders are coming after calls today. Though action has been primarily in small lots, call volume is now running at 3x the daily average with 76% of all calls traded being purchases on the offer. Traders are buying the $30, $32, and $33 strikes in multiple months. VeriFone Systems, Inc., formerly VeriFone Holdings, Inc., is engaged in secure electronic payment solutions. The company provides solutions and services that add value to the point-of-sale with merchant-operated, consumer-facing, and self-service payment systems for the financial, retail, hospitality, petroleum, transportation, government and healthcare vertical markets. For more great research like this, as well as how to play it through options…please visit
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