Calls Purchased on Hawaiian Holdings (HA)

Shares of Hawaiian Holdings HA are higher on the session by 2.91%, currently trading at $6.02. The stock has been moving largely lower over the past four months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the June 2011 $6.00 call was purchased 1,500 times, on the offer, on open interest of 1,053 contracts. Overall call volume is now running at 8.84x the daily average with 100% of all calls traded being purchases on the offer. Hawaiian Holdings, Inc. is a holding company whose primary asset is the sole ownership of all issued and outstanding shares of common stock of Hawaiian Airlines, Inc.