Calls Purchased on MicroStrategy Inc. (MSTR)

Shares of MicroStrategy Inc. MSTR ended the session lower by 1.13%, trading at $75.51. The stock has been trading largely lower over the past six months and is in a technical downtrend. Options traders are betting that the stock could get a bit of a pop today. The August $90.00 call was purchased, on the offer, 2,600 times during the day; open interest on the strike was only 96 contracts, signaling new, bullish positioning. Call volume is running at 15.55x the daily average. MicroStrategy Incorporated is a worldwide provider of business intelligence software that enables companies to report, analyze and monitor the data stored across their enterprise. MicroStrategy provides analytical performance to business user in the format that suits them from high-level dashboards to custom reports and advanced analysis via e-mail, Web, fax, wireless and voice communication channels.