Calls Purchased on Lincoln National

Shares of Lincoln National LNC are lower on the session by 3.37%, currently trading at $28.40. The stock has been moving largely lower over the past five months, though it is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the January 2012 $26.00 call traded 4,000 times on open interest of 405 contracts. Overall call volume is now running at 5.11x the daily average with 92% of all calls traded being purchases on the offer. Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. Through the company's business segments, it sells a range of wealth protection, accumulation and retirement income products and solutions.