Calls Purchased on Bunge Limited

Shares of Bunge Limited BG are higher on the session by 0.90%, currently trading at $70.35. The stock has been moving largely higher over the past six 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 October 2011 $80.00 call traded 2,000 times on open interest of 2,513 contracts. Overall call volume is now running at 2.17x the daily average with 76% of all calls traded being purchases on the offer. Bunge Limited is a global agribusiness and food company operating in the farm-to-consumer food chain. It conducts its business in four divisions: agribusiness, sugar and bioenergy, food and ingredients and fertilizer.