Calls Purchased on Wyndham Worldwide (WYN)
October 26, 2010 11:18 AM
Shares of Wyndham Worldwide Corporation (NYSE: WYN) are lower on the session by 0.44%, currently trading at $29.75. The stock has been moving largely higher over the past six months and is trending higher above the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the November $30.00 call was purchased 6,000 times, on the offer, on open interest of 12,065 contracts.
Overall call volume is now running at 6.67x the daily average, 83% 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.
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