Calls Purchased on Aon Corp. (AON)

Shares of Aon Corp.

are higher on the session by 3.12%, currently trading at $36.73. The stock has been trading largely lower over the past three months, but looks to have bottomed on heavy volume yesterday. Options traders are buying calls on the name today. The August $37.50 call was purchased 1,200 times, on the offer, a short while ago; open interest on the strike is 2,968 contracts. There have also been smaller lots of calls purchased on the $37.50 and $40.00 strikes in multiple months. Call volume is now running at 3.15x the daily average. Aon Corporation provides risk management and human capital consulting services. The company operates in two segments: Risk and Insurance Brokerage Services, which acts as an advisor and insurance broker, helping clients manage their risks, as well as negotiating and placing insurance risk with insurance carriers through its global distribution network, and Consulting, which provides advice and services to clients related to health and benefits, retirement, compensation, strategic human capital and human resource outsourcing.