Calls Purchased on Wyndham Worldwide (WYN)
October 13, 2010 12:56 PM
Shares of Wyndham Worldwide Corporation (NYSE: WYN) are higher on the session by 1.22%, currently trading at $29.39. The stock has been moving largely higher over the past four months, off from a recent low near $20.00.
Options traders are buying calls on the name today. A short while ago the November $30.00 call was purchased 1,500 times, on the offer, on open interest of 3,740 contracts.
Overall call volume is now running at 3.12x the daily average, 98% on the offer.
Wyndham Worldwide Corporation is a hospitality company, which offers individual consumers and business customers a range of hospitality products and services across various accommodation alternatives and price ranges through its portfolio of brands. The company operates in three segments: Lodging, Vacation Exchange and Rentals and Vacation Ownership.
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