Calls Purchased on R.R. Donnelley & Sons

Shares of R.R. Donnelley & Sons

are lower on the session by 2.01%, currently trading at $15.85. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the September 2011 $20.00 call traded 5,200 times on open interest of 4,100 contracts. Overall call volume is now running at 14.79x the daily average with 99% of all calls traded being purchases on the offer. R.R. Donnelley & Sons Company is a global provider of integrated communications.