Calls Purchased on RadioShack Corporation

Shares of RadioShack Corporation RSH are lower on the session by 1.01%, currently trading at $12.70. The stock has been moving largely lower over the past six months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $15.00 call was purchased 5,000 times, on the offer, on open interest of 1,702 contracts. Overall call volume is now running at 2.76x the daily average with 80% of all calls traded being purchases on the offer. RadioShack Corporation is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain. The company has two segments: U.S. RadioShack company-operated stores and kiosks.