Calls Purchased on YRC Worldwide (YRCW)

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Shares of YCR Worldwide Inc.
YRCW
are higher on the session by 23.14%, currently trading at $0.4162. The stock has been rallying over the past week, off of a recent low of $0.11. Options traders are buying calls on the name today. The October $1.00 call was purchased 3,450 times on open interest of 18,967 contracts and that January 2011 $1.00 call was purchased 8,400 times on open interest of 135,956 contracts. Call volume is currently running at 3.33x the daily average. YRC Worldwide Inc. is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics.
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