Calls Purchased on KKR & Co. (KKR)

Shares of KKR & Co. KKR are higher on the session by 0.17%, currently trading at $17.98. 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 May 2011 $17.00 call was purchased 3,000 times, on the offer, on open interest of only 370 contracts. This signals new positioning on the strike. Overall call volume is now running at 3.74x the daily average with 99% of all calls traded being purchases on the offer.