Calls Purchased on AmBev (ABV)

Shares of Companhia de Bebidas das Americas - AmBev ABV are lower on the session by 0.23%, currently trading at $138.62. The stock has been moving largely higher over the past six months, trending higher above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the April 2011 $140.00 call was purchased 895 times, on the offer, on open interest of only 317 contracts. This signals new positioning on the name. Overall call volume is now running at 3.05x the daily average with 72% of all calls traded being purchases on the offer. Companhia de Bebidas das Americas - AmBev is a Brazil-based company. AmBev and its subsidiaries produce, distribute and sell beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in 14 countries across the Americas.