Calls Purchased on Newell Rubbermaid

Shares of Newell Rubbermaid NWL are lower on the session by 2.15%, currently trading at $14.77. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the August 2011 $15.00 call traded 2,200 times on open interest of 242 contracts. Overall call volume is now running at 4.78x the daily average with 99% of all calls traded being purchases on the offer. Newell Rubbermaid Inc. is a global marketer of consumer and commercial products. Its products are marketed under a portfolio of brands.