Calls Purchased on Allscripts (MDRX)

Shares of Allscripts-Misys Healthcare Solutions MDRX are higher on the session by 3.25%, currently trading at $17.18. The stock was down sharply yesterday, on heavy volume, on news of its deal with Eclipsys Corp. ECLP. The stock is rebounding today and options traders are picking up calls as well. The July $17.50 call was purchased between the bid and ask 2,500 times for $0.75. Open interest on the strike is only 324 contracts, indicating new, bullish call buying. Call volume is running at 4.93x the daily average. Allscripts-Misys Healthcare Solutions, Inc., formerly Allscripts Healthcare Solutions, Inc., is a provider of clinical software, services, information and connectivity solutions used by the physicians and other health care providers.