Calls Purchased on Thermo Fisher Scientific

Shares of Thermo Fisher Scientific TMO are lower on the session by 0.48%, currently trading at $62.54. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. Though action has been primarily in small lots, overall call volume is now running at 3.86x the daily average with 89% of all calls traded being purchases on the offer. Thermo Fisher Scientific Inc. is engaged in serving science. It provides analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics.