Calls Purchased on MF Global (MF)

Shares of MF Global Holdings Ltd.

are higher on the session by 9.72%, currently trading at $7.34. The stock is popping today after the company beat the Street EPS consensus by $0.14; they also beat on revs. Options traders are buying calls on the name today as well. The September $6.00 call was purchased 1,000 times, on the offer, on open interest of 1,024 contracts. Call volume is now running at 5.30x the daily average with 71% of all calls purchased being purchases on the offer. MF Global Holdings Ltd., formerly MF Global Ltd., is a brokerage firm offering customized solutions in the global cash and derivatives markets. It provides execution and clearing services for products in the exchange-traded and over-the-counter derivative markets, as well as for products in the cash market.