Calls Purchased on MedAssets

Shares of MedAssets MDAS are lower on the session by 2.58%, currently trading at $12.85. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the December 2011 $17.50 call traded 1,000 times on open interest of 4,984 contracts. Overall call volume is now running at 3.73x the daily average with 99% of all calls traded being purchases on the offer. MedAssets, Inc. provides technology-enabled products and services. These solutions are designed to improve operating margin and cash flow for hospitals and health systems.