Call Volume Grows on Lincare Holdings (LNCR)

Shares of Lincare Holdings Inc. LNCR are higher on the session by 2.25%, currently trading at $33.22. The stock has been a relative outperformer over the past six months and is trading near its 52-week high, which was set earlier in the session. Options traders are largely selling calls on the name today. Though action has been primarily in small lots, call volume is now running at 3.4x the daily average with only 25% of all calls traded being purchases on the offer. Lincare Holdings Inc. is a provider of oxygen and other respiratory therapy services to patients in the home. Its customers suffer from chronic obstructive pulmonary disease (COPD), such as emphysema, chronic bronchitis or asthma, and require supplemental oxygen or other respiratory therapy services. Lincare also provides a variety of durable medical equipment (DME) and home infusion therapies in certain geographic markets.