Calls Purchased on Regal Entertainment Group (RGC)

Shares of Regal Entertainment Group (NYSE: RGC) are higher on the session by 0.64%, currently trading at $12.50. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages.

Options traders are buying calls on the name today. A short while ago the April 2011 $13.60 call was purchased 725 times, on the offer, on open interest of 2,311 contracts.

Overall call volume is now running at 3.97x the daily average with 79% of all calls traded being purchases on the offer.

Regal Entertainment Group is the parent company of Regal Entertainment Holdings, Inc., which is the parent company of Regal Cinemas Corporation and its subsidiaries.