Calls Purchased on Medco Health Solutions (MHS)

Shares of Medco Health Solutions MHS are higher on the session by 2.10%, currently trading at $63.59. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the February 2011 $62.50 call was purchased 3,000 times, on the offer, on open interest of 6,447 contracts. Overall call volume is now running at 2.37x the daily average with 93% of all calls traded being purchases on the offer. Medco Health Solutions, Inc. is a healthcare company. It provides clinically-driven pharmacy services designed to improve the quality of care and lower total healthcare costs for private and public employers, health plans, labor unions and government agencies of all sizes, and for individuals served by Medicare Part D Prescription Drug Plans.