Calls Active as Manpower Pops (MAN)

Shares of Manpower Inc. MAN are higher on the session by 4.44%, currently trading at $51.52 and notably outperforming the overall market. The stock has been moving largely higher over the past four months, off of a recent low near $40.40. The stock is now trading above the 200-day moving average. Options traders are buying calls on the name today as well. Though action ahs been primarily in small lots, overall call volume is now running at 3.10x the daily average with 75% of all calls traded being purchases on the offer. Traders are buying the $50, $55, and $60 strikes in multiple months. Manpower Inc. operates within the employment services industry. The company's global network of nearly 4,000 offices in 82 countries allows the company to meet the needs of its clients in all industry segments. Manpower Inc.'s five brands, Manpower, Manpower Professional, Elan, Jefferson Wells and Right Management provides a range of services for the employment and business cycle including: permanent, temporary and contract recruitment, employee assessment and selection, training, outplacement, outsourcing, consulting and professional services. 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.