Calls Purchased on Amedisys, Inc. (AMED)

Shares of Amedisys, Inc. AMED are higher on the session by 0.30%, currently trading at $32.28. The stock has been moving largely lower over the past six weeks and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the May 2011 $31.00 call was purchased 760 times, on the offer, on open interest of only 16 contracts. Overall call volume is now running at 2.23x the daily average with 85% of all calls traded being purchases on the offer. Amedisys, Inc. is a provider of home health services to the chronic, co-morbid, aging American population. The company operates in two segments: home health and hospice segments. The company's home health agencies deliver a range of services in the homes of individuals who may be recovering from surgery, have a chronic disease or disability or terminal illness and need assistance with the essential activities of daily living.
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Posted In: Long IdeasTechnicalsOptionsHealth CareHealth Care Services
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