Call Volume Grows on CA Inc. (CA)

Shares of CA Inc.

are higher on the session by 0.91%, currently trading at $19.96. The stock has been moving largely lower over the past five months, off from recent highs near $23.75, though has seem to formed a double-bottom at $18.00. Options traders are buying calls on the name today, betting that the stock may be at a long-term bottom. A short while ago, the January 2012 $25.00 call was purchased 6,000 times, on the offer, on open interest on 1,550 contracts. This signals new, bullish positioning on the name. Call volume is now running at 9.17x the daily average with 95% of all calls traded being purchases on the offer. CA, Inc. is an independent enterprise information technology software and service company with capabilities across IT environments from mainframe and physical to virtual and cloud. CA develops and delivers software and services that help organizations to manage and secure their IT infrastructures and deliver flexible IT services. For more great research like this, as well as how to play it through options…please visit

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