O'Reilly To Run Higher? (ORLY)

Loading...
Loading...
Shares of O'Reilly Automotive, Inc.
ORLY
are higher on the session by 0.47%, currently trading at $53.45. The stock has been moving higher over the past six months, moreover the past year, and is trading very near a new all-time high. Options traders are buying upside calls on the name today. A short while ago the October $55.00 call was purchased 1,000 times, on the offer, for $0.40; open interest on the strike is only 769 contracts. This signals new positioning on the name. Overall call volume is running at 6.5x the daily average, 99% on the offer. O'Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself customers and professional installers. As of December 31, 2009, the Company operated 3,421 stores in 38 states. For more great research like this, as well as how to play it through options…please visit
Benzinga's Options & Volatility Edge
and
Benzinga's Cash Generator
.
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: Long IdeasTechnicalsOptionsTrading IdeasAutomotive RetailConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...