Calls Purchased on FTI Consulting (FCN)

Shares of FTI Consulting Inc. FCN are higher on the session by 1.76%, currently trading $42.13. The stock has been moving largely sideways for the past three months, but has managed to regain the 50-day moving average as of late. Upside is being purchased on the name today. The June $45 call was purchased 2,100 times today for $0.30, on the offer, earlier in the session; open interest on the strike is 1,404 contracts. Call volume is running at 6.33x the daily average with 80% of all calls traded being purchases on the offer. FTI Consulting, Inc. is a global business advisory firm. The Company assists its customers in addressing a range of business challenges, such as restructuring, financing and credit issues and indebtedness, interim business management, forensic accounting and litigation services, mergers and acquisitions, antitrust and competition matters, electronic discovery, management and retrieval of electronically stored information, reputation management and strategic communications.