Calls Purchased on Kinder Morgan Energy Partners (KMP)

Shares of Kinder Morgan Energy Partners KMP are higher on the session by 0.22%, currently trading at $71.73. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the June 2011 $75.00 call was purchased 2,500 times, on the offer, on open interest of 960 contracts. Overall call volume is now running at 2.26x the daily average with 90% of all calls traded being purchases on the offer. Kinder Morgan Energy Partners, L.P. is a pipeline transportation and energy storage company in North America. KMP owns an interest in approximately 28,000 miles of pipelines and 180 terminals.