Calls Purchased on CVR Energy, Inc. (CVI)

Shares of CVR Energy, Inc.

are lower on the session by 1.92%, currently trading at $17.41. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the February $15.00 call was purchased 1,000 times, on the offer, for $2.45 on open interest of only 19 contracts. This signals new positioning on the strike. Overall call volume is now running at 19.40x the daily average with 86% of all calls traded being purchases on the offer. CVR Energy, Inc. is an independent petroleum refiner and marketer of transportation fuels. In addition, the company owns all of the interests (other than the managing general partner interest and associated incentive distribution rights) in CVR Partners, LP, a limited partnership which produces nitrogen fertilizers in the form of ammonia, and a solution of urea and ammonium nitrate in water used as a fertilizer.