Calls Purchased on Rosetta Resources (ROSE)

Shares of Rosetta Resources Inc.

are higher on the session by 0.62%, currently trading at $22.06. The stock has been trading largely sideways over the past six months and has held the 200-day moving average as of late, which is a bullish sign. Options traders are buying calls on the name. The August $25.00 call was purchased 1,000 times, on the offer, on open interest of just 33 contracts. This signals new, bullish positioning on the strike. Call volume is now running at 5.08x the daily average. Rosetta Resources Inc. is an independent oil and gas company engaged in the exploration, development, acquisition and production of oil and gas properties. Want to share YOUR story with our dynamic and rapidly growing audience? Click

to become a Contributor.