Upside Purchased on Eastman Kodak (EK)

Shares of Eastman Kodak Co. EK are lower on the session by 3.95%, currently trading at $4.13. The stock has been trading largely lower over the past three months, off from recent highs near $9.00. Options traders are picking up some calls on the name today. Much of the volume has been in small lots, though the January 2012 $7.50 call has been purchased 1,500 times on open interest of 3,540 contracts. Traders are also picking up the $10.00 and $12.50 in January 2012. Call volume is now running at 3x the daily average. Eastman Kodak Company is engaged in the sale of imaging products, technology, solutions and services to consumers, businesses and professionals.