Calls Purchased on Staples, Inc. (SPLS)

Shares of Staples, Inc.

are lower on the session by 0.69%, currently trading at $20.26. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the May 2011 $20.00 call was purchased 5,600 times, on the offer, on open interest of 1,137 contracts. Overall call volume is now running at 3.62x the daily average with 80% of all calls traded being purchases on the offer. Staples, Inc., is an office products company. As of January 29, 2011, Staples served customers of all sizes in 26 countries throughout North America, Europe, Australia, South America, and Asia.