Upside Purchased on Tempur Pedic (TPX)

Shares of Tempur Pedic International Inc. TPX are higher on the session by 0.40%, currently trading at $30.47. The stock has been trading largely higher over the past month, though it has been encountering resistance as of late. Options traders are buying calls on the name today. The July $30.00 call was purchased 1,100 times, on the offer, a short while ago; open interest on the strike is 2,155 contracts. Call volume is now running at 2.3x the daily average. Tempur-Pedic International Inc. is a manufacturer, marketer and distributor of mattresses and pillows, which it sells in approximately 80 countries under the TEMPUR and Tempur-Pedic brands.