Calls Purchased on Cerner Corporation (CERN)

Shares of Cerner Corporation CERN are higher on the session by 1.47%, currently trading at $115.30. 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 May 2011 $125.00 call was purchased 587 times, on the offer, on open interest of only 145 contracts. This signals new positioning on the strike. Overall call volume is now running at 4.68x the daily average with 94% of all calls traded being purchases on the offer. Cerner Corporation is a supplier of healthcare information technology solutions, healthcare devices and related services. Cerner solutions optimize processes for healthcare organizations.