Calls Purchased on ING Groep N.V. (ING)
March 23, 2011 1:07 PM
Shares of ING Groep N.V. (NYSE: ING) are higher on the session by 0.23%, currently trading at $12.90. 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 April 2011 $13.00 call was purchased 2,000 times, on the offer, on open interest of 8,154 contracts.
Overall call volume is now running at 3.35x the daily average with 94% of all calls traded being purchases on the offer.
ING Groep N.V. is a global financial institution offering banking, investments, life insurance and retirement services to meet the needs of the customers. It operates in six business segments: Retail Banking, ING Direct, Commercial banking, Insurance Europe, Insurance Americas and Insurance Asia/Pacific.
