Calls Purchased on Exide Technologie (XIDE)

Shares of Exide Technologie XIDE are lower on the session by 0.30%, currently trading at $9.90. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name today. A short while ago the June 2011 $10.00 call was purchased 1,000 times, on the offer, on open interest of 2,029 contracts. Overall call volume is now running at 4.98x the daily average with 91% of all calls traded being purchases on the offer. Exide Technologies is a provider of stored electrical energy solutions, and manufacturers and suppliers of lead-acid batteries for transportation and industrial applications worldwide. It has four principal business segments: Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas, and Industrial Energy Europe and ROW.