Calls Purchased on FTI Consulting (FCN)

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Shares of FTI Consulting Inc.
FCN
are higher on the session by 0.89%, currently trading at $44.33. The stock has been moving higher ever since a high-volume bottom in March and it is now trading above both the 50-day and 200-day moving averages. Options traders are betting on further upside on the name. The June $45 call traded 1,415 times on open interest of 3,147 contracts. Call volume is now running at 2.5x the daily average. FTI Consulting, Inc. is a global business advisory firm. The Company assists its customers in addressing a range of business challenges, such as restructuring, financing, credit issues and indebtedness, interim business management, forensic accounting and litigation services, mergers and acquisitions, antitrust and competition matters, electronic discovery, management and retrieval of electronically stored information, reputation management and strategic communications.
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