Calls Purchased on TD Ameritrade (AMTD)
Shares of TD Ameritrade (NASDAQ: AMTD) are higher on the session by 0.83%, currently trading at $15.83. The stock has been moving largely lower over the past six months, off from recent highs near $20.50.
Options traders are betting that the stock may have bottomed. The August $16 call was purchased 1,000 times, on the offer, a short while ago. Open interest on the strike is only 287 contracts, signaling new, bullish positioning on the name.
Call volume is now running at 2.748x the daily average.
TD Ameritrade Holding Corporation is a provider of securities brokerage services, and technology-based financial services to retail investors and business partners. The company provides securities brokerage services, including trade execution, clearing services and margin lending. The ompany provides trustee, custodial and other trust-related services to retirement plans and other custodial accounts.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.