Calls Purchased on Deutsche Bank

Shares of Deutsche Bank DB are higher on the session by 2.68%, currently trading at $52.14. The stock has been moving largely lower over the past four 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 September 2011 $55.00 call traded 2,000 times on open interest of 0 contracts. Overall call volume is now running at 2.27x the daily average with 96% of all calls traded being purchases on the offer. Deutsche Bank AG is a global investment bank. The company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world.