Calls Purchased on Amdocs (DOX)

Shares of Amdocs LTD DOX are lower on the session by 0.96%, currently trading $27.98. The stock has been drifting lower over the past four weeks, but it looks like the stock has found support around the 200-day moving average. Calls are being purchased on the name today. Though volume has been primarily in small lots, call volume is now running at 2.42x the daily average with 93% of all calls traded being purchases on the offer. Amdocs Limited is a provider of software and services for communications, media and entertainment industry service providers.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasApplication SoftwareInformation Technology
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