Calls Sold on Eclipsys Corp. (ECLP)

Shares of Eclipsys Corp.

are higher on the session by 1.59%, currently trading at $17.87. The stock has been drifting lower over the past two months and is now trading below both the 50-day and 200-day moving averages. Options traders are betting that any rally in the name will be a small one. The September $17.50 strike call was sold, near the bid, 2,500 times; open interest on the strike is only 500 contracts. Call volume is now running at 2.69x the daily average. Eclipsys Corporation is a provider of advanced integrated clinical, revenue cycle and performance management software, and professional services that help healthcare organizations improve clinical, financial and operational outcomes.