Calls Purchased on Leggett & Platt

Shares of Leggett & Platt LEG are higher on the session by 0.94%, currently trading at $23.63. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the August 2011 $25.00 call was purchased 1,500 times, on the offer, on open interest of 0 contracts. Overall call volume is now running at 29.30x the daily average with 96% of all calls traded being purchases on the offer. Leggett & Platt, Incorporated is an international diversified manufacturer that conceives designs and produces a range of engineered components and products found in many homes, offices, retail stores and automobiles.