Calls Purchased on Federated Investors

Shares of Federated Investors FII are higher on the session by 1.13%, currently trading at $18.84. 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 October 2011 $22.50 call traded 1,300 times on open interest of 169 contracts. Overall call volume is now running at 13.67x the daily average with 98% of all calls traded being purchases on the offer. Federated Investors, Inc. together with its consolidated subsidiaries is a provider of investment management products and related financial services.