Calls Purchased on NCR Corporation (NCR)
January 25, 2011 1:42 PM
Shares of NCR Corporation (NYSE: NCR) are lower on the session by 0.61%, currently trading at $16.33. The stock has been moving largely higher over the past six months and is currently trading 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 $15.00 call was purchased 500 times, on the offer, on open interest of 19,839 contracts. The April $16.00 call also trade 503 times on open interest of 5,395 contracts.
Overall call volume is now running at 2.14x the daily average with 89% of all calls traded being purchases on the offer.
NCR Corporation provides technology and services that help businesses connect, interact and transact with their customers. Through its presence at customer interaction points, such as automated teller machines, retail point-of-sale workstations, self-service kiosks, self-check-in/out systems and DVD kiosks, the company's solutions enable companies to address consumer demand.
