Calls Purchased on Whirlpool Corp. (WHR)

Shares of Whirlpool Corp. WHR are higher on the session by 2.01%, currently trading at $79.14. The stock has been moving largely lower over the past four months, off from a recent high near $110.00. The stock is popping today on takeover rumors. Options traders are buying calls on the name today. The September $75.00 call was purchased 1,200 times on open interest of 619 contracts, the September $85.00 call was purchased 1,700 times on open interest of 1,202 contracts, and the September $90.00 call was purchased 2,800 times on open interest of 1,385 contracts. Call volume is now running at 4.32x the daily average. Whirlpool Corporation manufactures and markets a range of appliances and related products, primarily for home use. The company's principal products are laundry appliances, refrigerators, cooking appliances, dishwashers, mixers and other small household appliances. For more great research like this, as well as how to play it through options…please visit Benzinga’s Options & Volatility Edge and Benzinga’s Cash Generator.