Calls Purchased on Officemax Incorporated (OMX)

Shares of Officemax Incorporated OMX are higher on the session by 0.32%, currently trading at $9.34. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the August 2011 $10.00 call was purchased 4,000 times, on the offer, on open interest of 23 contracts. The Aug $12 call has also traded 2,250 times. Overall call volume is now running at 4.37x the daily average with 90% of all calls traded being purchases on the offer. Officemax Incorporated provides office supplies and paper, print and document services, technology products and solutions, and office furniture to large, medium and small businesses, government offices and consumers.