Calls Purchased on Jarden Corp. (JAH)

Shares of Jarden Corp. JAH are lower on the session by 1.82%, currently trading at $30.27. The stock has been rallying this week after a large drop in May; the stock is currently trading above both the 50-day and 200-day moving averages. Options traders are picking up some calls on the name today. The July $30 strike was purchased over 1,800 times earlier in the session; open interest on the strike is 1,687 contracts, signaling new, bullish positioning on Jarden. Call volume is now running at 2.82x the daily average. Jarden Corporation is a global consumer products company. The Company is a provider of a range of consumer products. Jarden operates in three business segments: Outdoor Solutions, Consumer Solutions and Branded Consumables. The Company manufactures or sources, markets and distributes a number brands in Outdoor Solutions segment.
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