Calls Purchased on BMC Software, Inc. (BMC)

Shares of BMC Software, Inc.

are higher on the session by 8.38%, currently trading at $53.18. 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 $52.50 call was purchased 6,000 times, on the offer, on open interest of 17,555 contracts. Overall call volume is now running at 2.47x the daily average with 70% of all calls traded being purchases on the offer. BMC Software, Inc. is a software vendor. The company provides systems management, service management and automation solutions primarily for large enterprises. Its portfolio of software solutions include mainframe, distributed and virtualized systems, applications, databases and information technology process management functions.