Calls Purchased on FTI Consulting
Shares of FTI Consulting (NYSE: FCN) are lower on the session by 0.19%, currently trading at $37.55. The stock has been moving largely higher over the past five months and is currently consolidating above the 200-day moving average.
Options traders are buying calls on the name today. A short while ago the September 2011 $40.00 call traded 1,500 times on open interest of 2,291 contracts. Overall call volume is now running at 2.35x the daily average with 100% of all calls traded being purchases on the offer.
FTI Consulting, Inc. is a global business advisory firm. The company operates in five segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.