Calls Purchased on AOL

Shares of AOL AOL are higher on the session by 5.77%, currently trading at $12.46. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the October 2011 $13.00 call traded 3,000 times on open interest of 259 contracts. Overall call volume is now running at 3.02x the daily average with 87% of all calls traded being purchases on the offer. AOL Inc. is a global Web services company with a range of brands and offerings and a global audience. The company's business spans online content, products and services, which it offers to consumers, publishers and advertisers.