Shares of Compuware s CPWR are lower on the session by 2.66%, currently trading at $7.69. The stock has been moving largely lower over the past three months and it is currently trading below the 50-day moving average.
Options traders are focusing on calls today. A short while ago the October 2011 $7.50 call traded 1,000 times on open interest of 0 contracts. The Nov2011 $7.50 call also traded 1,400 times on 14 contracts.
Calls are outpacing puts today by 45 to 1.
Compuware Corporation is engaged in providing software products, Web performance services, professional services, and application services. The company markets a portfolio of solutions across a range of enterprise computing platforms.
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