Calls Purchased on Hain Celestial Group (HAIN)

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Shares of The Hain Celestial Group Inc.
HAIN
are lower on the session by 0.88%, currently trading at $21.62. The stock has been moving largely higher over the past six months and is trading above both the 50-day and 200-day moving average. Options traders are buying calls on the name today. The August $22.50 call was purchased 1,200 times, on the offer, a short while ago; open interest on the strike is only 310 contracts. This signals new positioning on the strike. Call volume is now running at 60.45x the daily average. The Hain Celestial Group, Inc. manufactures, markets, distributes and sells natural and organic products under brand names, which are sold as better-for-you products. Its specialty product lines include Estee sugar-free products and Alba non-fat dry milk and flavored shakes.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasConsumer StaplesPackaged Foods & Meats
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