Calls Purchased on TASER International (TASR)

Shares of TASER International (NASDAQ: TASR) are higher on the session by 1.48%, currently trading at $4.17. The stock has been moving largely lower over the past six months, but recently began to base around the $3.75 level, as well as the 50-day moving average.

Options traders are buying calls on the name today. A short while ago the November $5.00 call was purchased 1,200 times, on the offer, on open interest of only 643 contracts. This signals new positioning on the strike.

Overall call volume is now running at 8.63x the daily average with 82% of all calls traded being purchases on the offer.

TASER International, Inc. is engaged in the development, manufacture and sale of advanced Electronic Control Devices designed for use in the law enforcement, military, corrections, private security and personal defense markets. It provides solutions to violent confrontation by developing devices with technology to incapacitate dangerous, combative, or subjects who pose a risk to law enforcement officers, innocent citizens, or themselves.