Shares of WESCO International WCC are higher on the session by 0.27%, currently trading at $55.88. The stock had 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 March 2011 $60.00 call was purchased 1,900 times, on the offer, on open interest of 1,901 contracts.
Overall call volume is now running at 12.67x the daily average with 96% of all calls traded being purchases on the offer.
WESCO International, Inc. is a North American distributor of products and provider of supply chain services used primarily in the industrial, construction, utility and commercial, institutional and government markets.
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