Calls Purchased on Tractor Supply Company (TSCO)
April 20, 2011 11:14 AM
Shares of Tractor Supply Company (NASDAQ: TSCO) are higher on the session by 0.28%, currently trading at $61.85. 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 May 2011 $60.00 call was purchased 1,000 times, on the offer, on open interest of 296 contracts.
Overall call volume is now running at 2.80x the daily average with 93% of all calls traded being purchases on the offer.
Tractor Supply Company is an operator of retail farm and ranch stores in the United States. The Company operates retail stores under the names Tractor Supply Company and Del's Farm Supply and operate a Website under the name TractorSupply.com.
