Calls Purchased on Kindred Healthcare

Shares of Kindred Healthcare KND are higher on the session by 0.35%, currently trading at $19.90. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the August 2011 $22.50 call traded 3,800 times on open interest of 2,932 contracts. Overall call volume is now running at 27.89x the daily average with 95% of all calls traded being purchases on the offer. Kindred Healthcare, Inc.is a healthcare services company that through its subsidiaries operates hospitals, nursing and rehabilitation centers, assisted living facilities and a contract rehabilitation services business across the United States.