Calls Purchased on FTI Consulting

Shares of FTI Consulting FCN are lower on the session by 0.67%, currently trading at $37.34. 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 September 2011 $38.00 call traded 1,000 times on open interest of 692 contracts. Overall call volume is now running at 2.15x the daily average with 97% of all calls traded being purchases on the offer. FTI Consulting, Inc. is a global business advisory firm. The company operates in five segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications.