Calls Purchased on SONY

Shares of SONY SNE are higher on the session by 4.03%, currently trading at $22.35. 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 September 2011 $25.00 call traded 3,900 times on open interest of 322 contracts. Overall call volume is now running at 7.02x the daily average with 87% of all calls traded being purchases on the offer. SONY Corporation is a Japan-based company mainly engaged in the manufacture and sale of electronic products. It has seven business segments.