Calls Purchased on Republic Airways Holdings Inc.

Shares of Republic Airways Holdings Inc.

are higher on the session by 5.38%, currently trading at $4.70. The stock has been moving largely lower over the past five months and is currently trading below the 50-day and 200-day moving average. Options traders are buying calls on the name today. A short while ago the November 2011 $2.50 call traded 1,600 times on open interest of 1,041 contracts. Overall call volume is now running at 2.58x the daily average with 99% of all calls traded being purchases on the offer. Republic Airways Holdings Inc. offers scheduled passenger services through its wholly owned operating subsidiaries: Chautauqua Airlines, Inc., Shuttle America Corporation, Republic Airline Inc., Frontier Airlines, Inc., and Lynx Airlines, Inc.