Calls Purchased on Sanofi-Aventis

Shares of Sanofi-Aventis SNY are lower on the session by 2.97%, currently trading at $37.25. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $37.00 call was purchased 2,600 times, on the offer, on open interest of 12 contracts. Overall call volume is now running at 3.39x the daily average with 99% of all calls traded being purchases on the offer. Sanofi-Aventis is a pharmaceutical group engaged in the research, development, manufacture and marketing of healthcare products. The company's business includes two main activities: pharmaceuticals and human vaccines through sanofi pasteur.