Calls in Play on Blackrock (BLK)

Shares of Blackrock Inc. BLK are rising today by 1.35%, currently trading $162.26. The stock is trading significantly below the 50-day and 200-day moving average, though looks to be oversold and due for a bounce further. Traders are favoring calls in the name today with the $180. $185, and $190 calls each trading over 500 times. Call volume is now running at 2.10x the daily average, though only 36% of all calls trading traded were purchases on the offer, which tempers bullishness slightly. BlackRock, Inc. is an investment management firm. As of December 31, 2009, the Company had 3.346 trillion of assets under management (AUM).