Calls Purchased on Varian Medical Systems (VAR)

Shares of Varian Medical Systems, Inc. (NYSE: VAR) are higher on the session by 0.69%, currently trading at $62.99. The stock has been moving largely higher over the past six months, trending higher, above the 50-day and 200-day moving averages.

Options traders are buying calls on VAR today. A short while ago the November $60.00 call was purchased 1,275 times, on the offer, on open interest of 2,461 contracts.

Overall call volume is now running at 2.47x the daily average with 93% of all calls traded being purchases on the offer.

Varian Medical Systems, Inc. is engaged in the design, manufacture, sale and service of equipment and software products for treating cancer with radiotherapy, stereotactic radiosurgery and brachytherapy.