Calls Purchased on W.R. Grace (GRA)

Shares of W.R. Grace & Co.

are higher on the session by 2.49%, currently trading at $22.21. The stock has been trading largely lower over the past three months, off from recent highs near $30.00. Options traders were buying calls on the name earlier in the session. The July $20.00 call was purchased 1,500 times, near the offer, on open interest of just 384 contracts. This signals new, bullish positioning on the strike. Call volume is now running at 6x the daily average. W.R. Grace & Co. is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. It operates in two business segments: Grace Davison and Grace Construction Products. Learn how to find the best

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