Calls Purchased on Rosetta Resources Inc. (ROSE)

Shares of Rosetta Resources Inc. ROSE are higher on the session by 4.89%, currently trading at $31.99. The stock has been moving largely higher over the past six months and is currently trading well above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the November $35.00 call was purchased 1,000 times, on the offer, on open interest of only 22 contracts. This signals new positioning on the name. Overall call volume is now running at 4.19x the daily average with 98% of all calls traded being purchases on the offer. Rosetta Resources Inc. is an independent oil and gas company engaged in the exploration, development, acquisition and production of oil and gas properties. The company's operations are concentrated in the areas of the Sacramento Basin of California, the Rockies, and South Texas.