Calls Purchased on USG Corp. (USG)

Shares of USG Corp.

are lower on the session by 1.94%, currently trading at $12.10. The stock has been moving largely lower over the past four months, off from recent highs near $25.00. Options traders are buying calls on the name today, perhaps betting that the stock is at a short-term bottom. The September $13.00 call was purchased 1,300 times, on the offer, a short while ago; on open interest on the strike is only 306 contracts. Call volume is now running at 2.14x the daily average. USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials, producing a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes. For more great research like this, as well as how to play it through options…please visit

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