Shares of Scientific Games SGMS are lower on the session by 0.85%, currently trading at $9.31. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average.
Options traders are buying calls on the name today. A short while ago the October 2011 $10.00 call traded 2,000 times on open interest of 1,662 contracts.
Overall call volume is now running at 94.89x the daily average with 80% of all calls traded being purchases on the offer.
Scientific Games Corporation is a global supplier of products and services to lotteries, and a provider of gaming technology and content to other gaming operators worldwide.
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