Calls Purchased on BMC Software, Inc. (BMC)

Shares of BMC Software, Inc. BMC are lower on the session by 0.57%, currently trading at $48.93. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the May 2011 $40.00 call was purchased 4,100 times, on the offer, on open interest of only 601 contracts. Overall call volume is now running at 17.52x the daily average with 95% of all calls traded being purchases on the offer. BMC Software, Inc. is a software vendor. The company provides systems management, service management and automation solutions primarily for large enterprises. Its portfolio of software solutions include mainframe, distributed and virtualized systems, applications, databases and information technology process management functions.