Calls Purchased on T. Rowe Price Group

Shares of T. Rowe Price Group TROW are lower on the session by 0.51%, currently trading at $60.01. 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 August 2011 $65.00 call traded 1,000 times on open interest of 1,062 contracts. Overall call volume is now running at 3.89x the daily average with 94% of all calls traded being purchases on the offer. T. Rowe Price Group, Inc. is a financial services holding company. It provides investment advisory services to individual and institutional investors in the sponsored T. Rowe Price mutual funds and other investment portfolios.