Calls Purchased on DeVry

Shares of DeVry DV are higher on the session by 1.46%, currently trading at $53.41. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the August 2011 $60.00 call traded 2,500 times on open interest of 3,252 contracts. Overall call volume is now running at 13.38x the daily average with 99% of all calls traded being purchases on the offer. DeVry Inc. is a provider of educational services and the parent organization of Advanced Academics, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, and Ross University.