Calls Purchased on Bank of Ireland (IRE)

Shares of Bank of Ireland IRE are higher on the session by 5.45%, currently trading at $2.32. The stock has been moving largely lower over the past six months and is currently trading below the 200-day and 50-day moving averages. Options traders are buying calls on the name today. A short while ago the November $2.00 call was purchased 1,000 times, on the offer, on open interest of only 181 contracts. This signals new positioning on the strike. Overall call volume is now running at 2.01x the daily average with 84% of all calls traded being purchases on the offer. Bank of Ireland and its subsidiaries provide a range of banking and other financial services. It operates in five segments: Retail Republic of Ireland, Bank of Ireland Life, UK Financial Services, Capital Markets and Group Centre.