Calls Purchased on Thomson Reuters (TRI)
June 24, 2010 3:37 PM
Shares of Thomson Reuters Corp. (NYSE: TRI) are lower on the session by 0.31%, currently trading at $39.36. The stock has been trading largely higher over the past six months, making new 52-week highs along with way. The stock is still trading above both the 50-day and 200-day moving averages.
Options traders are picking up some calls today. The July $35 call was purchased 1,297 times; open interest on the strike is only 959 contracts, which signals new, bullish positioning.
Call volume is now running at 4.32x the daily average.
Thomson Reuters Corporation is a provider of information for the world's businesses and professionals. The company is organized in two divisions: Markets and Professional. The Markets division consists of financial and media businesses.
