Calls Purchased on CapitalSource (CSE)

Shares of CapitalSource Inc. (NYSE: CSE) are higher on the session by 2.79%, currently trading at $5.53. The stock has been moving largely higher over the past two months, off from a recent low of $3.87.

Options traders are buying calls on the name today. The August $5.00 call was purchased 1,600 times, on the offer, earlier in the session; open interest on the strike is 2,233 contracts.

Call volume is now running at 2.70x the daily average.

CapitalSource Inc. is a commercial lender which, primarily through its wholly owned subsidiary, CapitalSource Bank, provides financial products to small and middle market businesses nationwide and provides depository products and services in southern and central California.