Calls Purchased on Bank of Ireland (IRE)

Shares of Bank of Ireland IRE are higher on the session by 5.14%, currently trading at $2.25. The stock has been moving largely higher over the past week and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. Though action ahs been primarily in small lots, overall call volume is now running at 2.16x the daily average with 67% of all calls traded being purchases on the offer. Traders are buying the $2.00 and $2.50 strikes in multiple months. 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.